MFDA schedules date for penalty hearing in the matter of Joel Attis

August 10, 2022 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Joel Henry Attis (the “Respondent”) by Notice of Hearing dated December 18, 2019, as amended on July 12, 2021 (“Amended Notice of Hearing”).

As previously announced, the misconduct portion of this proceeding was held on July 12-16, 2021 and October 26, 2021 before a three-member Hearing Panel of the MFDA’s Atlantic Regional Council. In its Decision (Misconduct) and Reasons dated July 5, 2022, the Hearing Panel found that the two allegations set out in the Amended Notice of Hearing against the Respondent had been established.

A penalty hearing will take place electronically by videoconference before a Hearing Panel of the MFDA’s Atlantic Regional Council on November 10, 2022 at 10:00 a.m. (Atlantic). The proceeding will continue to be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to participate should contact hearings@ciro.ca to obtain particulars.

Copies of the Decision (Misconduct) and Reasons and the Amended Notice of Hearing are available on the MFDA website at www.mfda.ca. During the period described in the Decision (Misconduct) and Reasons, the Respondent carried on business in Moncton, New Brunswick.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 80,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA’s complaint and enforcement processes, as well as links to ‘Check an Advisor’ and other Investor Tools, visit the For Investors page on the MFDA website.