MFDA Hearing Panel adjourns settlement hearing in the matter of Brian Blundell

TORONTO, March 2, 2016 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Brian Blundell (the "Respondent") by Notice of Settlement Hearing (the "Notice of Hearing") dated November 17, 2015.

Prior to the commencement of the settlement hearing in this proceeding, scheduled for March 3, 2016, the parties made an adjournment request to the Hearing Panel. The Hearing Panel granted the adjournment and the settlement hearing is now scheduled to take place on May 12, 2016, commencing at 10:00 a.m. (Pacific), or as soon thereafter as the hearing can be held, in the hearing room at the British Columbia Securities Commission, located at 1200-701 West Georgia Street, Vancouver, British Columbia. The hearing will be open to the public, unless and to the extent that the Hearing Panel determines that all or part of the hearing should proceed in the absence of the public.

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 the Vancouver, British Columbia area.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 83,000 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, 416-945-5146, [email protected]