{"id":464320,"date":"2021-03-24T10:03:17","date_gmt":"2021-03-24T14:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464320"},"modified":"2021-03-24T10:03:17","modified_gmt":"2021-03-24T14:03:17","slug":"ific-makes-submission-to-mfda-on-limited-trading-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ific-makes-submission-to-mfda-on-limited-trading-authorization\/","title":{"rendered":"IFIC Makes Submission to MFDA on Limited Trading Authorization"},"content":{"rendered":"
\n

TORONTO, March 24, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today filed its\u00a0submission<\/a> to the Mutual Fund Dealers Association of Canada (MFDA) responding to Bulletin #0847-P, Proposed Amendments to MFDA Rules 2.3.2 and 2.3.3 \u2013 Limited Trading Authorization<\/em>.<\/p>\n

In its submission, IFIC indicated full support for the proposed amendments to Bulletin #0847-P, which includes the removal of the obligation to use the Limited Trading Authorization form to evidence client transaction authorization. The amendment would allow dealers to do so in a manner that best suits their operations.<\/p>\n

\n About IFIC<\/strong>\n <\/p>\n

The Investment Funds Institute of Canada is the voice of Canada\u2019s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, to foster a strong, stable investment sector where investors can realize their financial goals. By connecting Canada\u2019s savers to Canada\u2019s economy, our industry contributes significantly to Canadian economic growth and job creation.<\/p>\n

\n For more information, please contact:<\/strong>\n <\/p>\n

Pira Kumarasamy
Senior Manager, Communications and Public Affairs
pkumarasamy@ific.ca<\/a>
416-309-2317<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

TORONTO, March 24, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today filed its\u00a0submission to the Mutual Fund Dealers Association of Canada (MFDA) responding to Bulletin #0847-P, Proposed Amendments to MFDA Rules 2.3.2 and 2.3.3 \u2013 Limited Trading Authorization. In its submission, IFIC indicated full support for the proposed amendments to Bulletin #0847-P, which includes the removal of the obligation to use the Limited Trading Authorization form to evidence client transaction authorization. The amendment would allow dealers to do so in a manner that best suits their operations. About IFIC The Investment Funds Institute of Canada is the voice of Canada\u2019s investment funds industry. IFIC brings together 150 organizations, including fund managers, distributors and industry service organizations, … <\/p>\n

Continue reading “IFIC Makes Submission to MFDA on Limited Trading Authorization”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-464320","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nIFIC Makes Submission to MFDA on Limited Trading Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ific-makes-submission-to-mfda-on-limited-trading-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFIC Makes Submission to MFDA on Limited Trading Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, March 24, 2021 (GLOBE NEWSWIRE) — The Investment Funds Institute of Canada (IFIC) today filed its\u00a0submission to the Mutual Fund Dealers Association of Canada (MFDA) responding to Bulletin #0847-P, Proposed Amendments to MFDA Rules 2.3.2 and 2.3.3 \u2013 Limited Trading Authorization. In its submission, IFIC indicated full support for the proposed amendments to Bulletin #0847-P, which includes the removal of the obligation to use the Limited Trading Authorization form to evidence client transaction authorization. The amendment would allow dealers to do so in a manner that best suits their operations. About IFIC The Investment Funds Institute of Canada is the voice of Canada\u2019s investment funds industry. 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