MFDA sets date for Hearing on the Merits in the Matter of Jeffrey Levy

TORONTO , Dec. 11 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Jeffrey Mark Levy by Notice of Hearing dated June 27, 2008 .

The first appearance in this proceeding took place on September 10, 2008 at which time the matter was adjourned pending the resolution of Taub v. Investment Dealers Association of Canada before the Ontario Court of Appeal.

The hearing of this matter on its merits has been scheduled to take place on May 19, 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 web site 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 143 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]