MFDA schedules interim appearance in the matter of Adib Khaldi

December 1, 2022 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Adib Khaldi (also known as “Deebo”) (the “Respondent”) by Notice of Hearing dated October 5, 2022 (the “Notice of Hearing”).

As specified in the Notice of Hearing, the first appearance in this proceeding was held today by videoconference before a Hearing Panel of the MFDA’s Atlantic Regional Council.

Following submissions by the parties, the Hearing Panel has ordered the next appearance take place by teleconference on April 4, 2023, commencing at 11:00 a.m. (Atlantic), or as soon thereafter as the appearance can be held. The appearance will be open to the public, except as may be required for the protection of confidential matters. Members of the public who would like to listen to the teleconference should contact [email protected] to obtain particulars.

A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Hearing, the Respondent carried on business in the Dartmouth, Nova Scotia area.

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 76,695 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.