MFDA Schedules Next Appearance in the Matter of Corner, Halladay, Hanson,
Moore and Rainbird

TORONTO , Sept. 21 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Colin Corner , Heather D. Halladay, John J. Hanson, Richard G. Moore and James E. Rainbird (the "Respondents") by Notice of Hearing dated October 21, 2008 .

An appearance by teleconference took place in this proceeding 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 adjourned the hearing on the merits previously scheduled for October 19-23, 2009 to a date to be set at the next appearance in this proceeding. The Hearing Panel directed that the next appearance will take place by teleconference on January 29, 2010 unless an application for leave to appeal to the Supreme Court of Canada in The Investment Dealers Association of Canada v. Stephen Taub ("Taub") has been filed and remains outstanding. If an application for leave to appeal in Taub has been filed and remains outstanding as of January 29, 2010 , the next appearance will take place on April 1, 2010 .

All appearances before the Hearing Panel shall be open to the public, except as may be required for the protection of confidential matters, will take place in the hearing room located at the offices of the MFDA at 121 King Street West , Suite 1000, Toronto , Ontario, and commence at 10:00 a.m. (Eastern), or as soon thereafter as the appearances can be held.

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]