TORONTO, November 2, 2021 / CNW / – The Mutual Fund Brokers Association of Canada (MFDA) has made a two-year financial commitment to help Osgoode Hall Law School’s Investor Protection Clinic (IPC) meet the growing need for free legal services for aggrieved investors.
“from Osgoode The IPC is a great organization and a worthwhile cause. Since its inception, the IPC has performed an important public interest function with an emphasis on investor protection and after several years of activity, the ACFM is pleased to help the clinic expand its capacity â, said Marc Gordon, President and CEO of the ACFM.
The first of its kind in Canada, the Osgoode Investor Protection Clinic was launched in 2016 to provide pro bono legal advice to people who believe their investments have been mismanaged and cannot afford a lawyer. The clinic pairs 13 second and third year Osgoode JD students with supervising lawyers from major business law firms in Ontario.
âThe ACFM has supported our clinic from the start and this latest investment further strengthens our relationship at a critical time. declares the academic director of the IPC Poonam Puri. Demand for clinic services has more than tripled between May 1, 2020 and April 30, 2021 and remains disproportionately high. Puri attributes the growth to the perfect storm of market volatility and pandemic isolation that left investors vulnerable to unsuitable and high-risk investment products.
“The funds from the ACFM will allow us to create added value through client support and investor education, while helping to advance our research to inform public policies and practices in the protection of privacy. investors, âshe said. “We couldn’t do this without the support of the legal community.”
The ACFM is the self-regulatory body (âSROâ) for from Canada mutual fund brokers and their 80,000 advisers. As an SRO, the ACFM is responsible for regulating the operations, standards of practice and business conduct of its members and their representatives with a view to enhancing investor protection and enhancing public confidence in the business. Canadian mutual fund industry.
About the Mutual Fund Brokers Association of Canada (ACFM)
The ACFM is the self-regulatory body of Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its members and their more than 80,000 authorized persons with a mandate to protect investors. and the public interest. For more information on the ACFM’s complaint and enforcement processes, as well as links to âVerify an Advisorâ and other tools for investors, visit For investors on the ACFM website.
About Osgoode Hall Law School
Osgoode Hall Law School of York University has a proud history of 131 years of leadership and innovation in legal education and legal scholarship. A total of about 900 students are enrolled in from Osgoode Three-year Juris Doctor (JD) program as well as joint and combined programs. The law school‘s highly selective graduate program is also one of the best in the country and one of the most famous in North America. In addition, Osgoode Professional Development, which operates from from Osgoode downtown establishment Toronto, offers degree and non-degree programs for Canadian and international lawyers, non-legal professionals, firms and organizations. Osgoode has an internationally renowned faculty of nearly 60 full-time professors and over 100 adjunct professors. Our respected community of over 18,000 alumni are leaders in the legal profession and in many other fields in Canada and across the world.
On York University
York University is known for championing new ways of thinking that promote excellence in teaching and research. Our students get the education they need to create great ideas that make an impact on the world. Meaningful and sometimes unexpected careers result from interdisciplinary programming, innovative course design and various experiential learning opportunities. York students and graduates push boundaries, achieve goals and find solutions to the world’s most pressing social challenges, supported by a strong community that opens minds. York U is an internationally renowned research university – our 11 faculties and 26 research centers have partnerships with over 200 leading universities around the world. Situated in Toronto, York is the third largest university in Canada, with a strong community of 53,000 students, 7,000 professors and administrative staff, and over 300,000 alumni. York U is fully bilingual Glendon the campus houses from southern Ontario Center of excellence for post-secondary education in French and bilingual.
SOURCE Association of Mutual Fund Brokers of Canada
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