The Mutual Fund Dealers Association of Canada (MFDA) was the self-regulatory body for Canadian mutual fund dealers. Established in 1998, its mandate was to protect investors and enhance public confidence by setting and enforcing rules, conducting compliance examinations, and carrying out disciplinary proceedings for its member firms and their approved persons. On January 1, 2023, the MFDA and the Investment Industry Regulatory Organization of Canada (IIROC) officially merged to create a new, enhanced SRO, which is now known as the Canadian Investment Regulatory Organization (CIRO). All regulatory functions of the MFDA are now carried out by CIRO.

Founded in

Canada