MFDA sets dates for Hearing on the Merits in the matter of Kindle Blythe and Mohammad Movassaghi

December 4, 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, as amended on August 30, 2019.

An appearance in this proceeding was held yesterday by teleconference before a Hearing Panel of the MFDA’s Pacific Regional Council.

Following submissions by the parties, the hearing of this matter on its merits has been set to take place on January 7, 9-10 and 13-14, 2020, commencing at 9:30 a.m. (Pacific) each day, or as soon thereafter as the matter can be heard, at a venue to be determined and announced accordingly in Vancouver, British Columbia. The proceeding will be open to the public, except as may be required for the protection of confidential matters.

A copy of the Amended Notice of Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Amended 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.