MFDA sets date for Ronald L. Brown Hearing in Toronto

TORONTO, Feb. 23 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Ronald Lindsay Brown by Notice of Hearing dated May 14, 2008.

As previously announced, an appearance by teleconference took place in this proceeding 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 22, 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.

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 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] or [email protected]