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Question: 1 / 400

What is the MFDA?

It is a government agency regulating telecommunication

It is the SRO for regulating the distribution and sales of real estate in Canada

It is a regulatory body for mutual funds in Canada

The correct answer is C. The MFDA stands for the Mutual Fund Dealers Association. It is a regulatory body in Canada that oversees the distribution and sales practices of mutual funds. Option A is incorrect as the MFDA does not regulate telecommunication but rather focuses on the financial industry. Option B is also incorrect as the MFDA does not regulate real estate, and Option D is incorrect as it is not a social services organization but a regulatory body for mutual funds.

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It is a social services organization

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