MFDA announces next appearance in the Matter of Ronald L. Brown

TORONTO , Feb. 9 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Ronald Lindsay Brown by Notice of Hearing dated May 14, 2008 .

On January 22, 2009 the MFDA announced that, on the consent of Mr. Brown and Staff of the MFDA, the Hearing Panel had adjourned all appearances in the matter to dates to be determined.

The next appearance in this matter will take place by teleconference on February 23, 2010 at 10:00 a.m. (Eastern) before the Hearing Panel for the purpose of setting dates for the Hearing on the Merits and to address any other procedural matters that may arise. The appearance will take place in the Hearing Room at the offices of the MFDA located at 121 King Street West , Suite 1000, Toronto , Ontario and will be open to the public, except as may be required for the protection of confidential matters.

A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 141 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.

For further information: Marco Wynnyckyj, Hearings Coordinator, [phone] or [email protected]