MFDA sets date for Calogero Arcuri Hearing in Toronto, Ontario

TORONTO , Jan. 25 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced disciplinary proceedings in respect of Calogero (Charlie) Arcuri by Notices of Hearing dated February 5, 2008 and October 23, 2009 .

As specified in the Notice of Hearing issued on October 23, 2009 , an appearance in this matter took place today before a Hearing Panel of the MFDA's Central Regional Council.

The hearing of this matter on its merits has been scheduled to take place on June 25, 2010 , commencing at 10:00 a.m. (Eastern), or as soon thereafter as the hearing can be held, in the Hearing Room at the offices of the MFDA located 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.

Copies of the February 5, 2008 Notice of Hearing and the October 23, 2009 Notice of Hearing are 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 141 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], [email protected]