MFDA Hearing Panel reschedules Michael Johns hearing

TORONTO , Nov. 2 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Michael Brandon Johns by Notice of Hearing dated March 24, 2009 .

An appearance by teleconference took place in this matter today before a three-member Hearing Panel of the MFDA's Central Regional Council.

Following submissions by the parties respecting scheduling and other procedural matters, the Hearing Panel rescheduled the hearing of this matter on its merits, previously scheduled to commence on November 2-3, 2009, to April 26-28, 2010 at 10:00 a.m. (Eastern), or as soon thereafter as the hearing can be held, in the hearing room located at the offices of the MFDA 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 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 146 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]