MFDA Hearing Panel adjourns Settlement Hearing in the matter of Kathleen Hounsome

TORONTO, May 14, 2014 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Kathleen Hounsome by Notice of Settlement Hearing dated March 17, 2014.

The settlement hearing, originally scheduled to take place on May 20, 2014 in Victoria, British Columbia, has been adjourned on consent of the parties to a date to be determined and announced accordingly. 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.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 111 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, Senior Hearings Coordinator, 416-945-5146, [email protected]