MFDA confirms next appearance in the Matter of ASL Direct Inc. and Adrian S.
Leemhuis

TORONTO , Sept. 15 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of ASL Direct Inc. and Adrian Samuel Leemhuis by Notice of Hearing dated October 17, 2008 .

As previously announced, an appearance took place in this proceeding today by teleconference before a three-member Hearing Panel of the MFDA's Central Regional Council.

Following submissions by the parties, the Hearing Panel confirmed that the next appearance in this matter will be an in-person pre-hearing motion on October 27, 2009 at 10:00 a.m. (Eastern) in the Hearing Room located at the offices of the MFDA at 121 King Street West , Suite 1000, Toronto , Ontario. The appearance 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 145 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]