MFDA announces date for settlement hearing in the matter of Menashe Keshet

TORONTO, Aug. 19, 2014 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Menashe Keshet by Notice of Settlement Hearing dated June 4, 2014.

The settlement hearing, originally scheduled to take place on July 16, 2014 in Toronto, Ontario, will now take place on August 21, 2014, commencing at 1:00 p.m. (Eastern), or as soon thereafter as the hearing can be held, in the MFDA hearing room, located at 121 King Street West, Suite 1000, Toronto, Ontario. The hearing will be open to the public, except as may be required for the protection of confidential matters.

A copy of the Notice of Settlement Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Settlement Hearing, the Respondent carried on business in North York, Ontario.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 110 Members and their approximately 80,000 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.

SOURCE: Mutual Fund Dealers Association of Canada

Marco Wynnyckyj, Manager, Hearings Administration, 416-945-5146, [email protected]