The Mutual Fund Dealers Association of Canada (MFDA) is seeking nominees for its regional councils, which preside over disciplinary hearings.

There are 20 positions open on each of the Central, Prairie and Pacific councils, and 10 spots on the Atlantic council.

Council members serve on hearing panels that adjudicate the self-regulatory organization’s (SRO) disciplinary proceedings.

The chair of each region is also eligible to serve on the MFDA’s policy advisory committee, which provides the SRO with feedback on proposed rules, policies and operations.

Dealers can nominate two reps in each region where they have at least one branch.

“Nominees should have a strong background in compliance and have held senior positions within the industry and their [firms] for a number of years,” the MFDA said in a notice.

Members of the councils will serve two-year terms, starting June 4. Nominations are due by April 17.