MFDA Hearing Panel adjourns motion in the matter of Kindle Blythe and Mohammad Movassaghi

October 15, 2019 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Kindle Briten Megan Blythe (“Blythe”) and Mohammad Movassaghi (“Movassaghi”) (or together referred to as the “Respondents”) by Notice of Hearing dated March 21, 2019.

A pre-hearing motion in this proceeding was held on October 10, 2019 before a three-member Hearing Panel of the MFDA’s Pacific Regional Council.

Following submissions by the parties, the pre-hearing motion was adjourned to resume on a date to be confirmed by the parties. The proceeding will be open to the public, except as may be required for the protection of confidential matters.

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 Respondents carried on business in the Vancouver, British Columbia 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 81,000 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.