Approval of Proposed Amendments to MFDA By-Law No. 1 Sections 3.3 (Election and Term), 3.6.1 (Governance Committee), 4.7 (Quorum)

The securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan have approved/not objected to proposed amendments to MFDA By-law No.1, Sections 3.3 (Election and Term), 3.6.1 (Governance Committee) and 4.7 (Quorum). The proposed amendments have received all the requisite approvals and are now in effect.

The proposed amendments are intended to ensure that the governance structure of the MFDA aligns with comparator organizations, where appropriate, and continues to reflect best governance practices for SROs.

To view the Notice of Approval/Non-Objection, please go to www.bcsc.bc.ca.