MFDA sets date for Terry Lynn Sampson Hearing in Edmonton, Alberta

TORONTO, June 7 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding against Terry Lynn Sampson by way of Notice of Hearing dated April 23, 2010.

As specified in the Notice of Hearing, the first appearance in this matter took place today before a three-member Hearing Panel of the MFDA's Prairie Regional Council.

The hearing of this matter on its merits has been scheduled to take place on July 9, 2010 commencing at 10:00 a.m. (Mountain), or as soon thereafter as the hearing can be held, at a location to be announced in Edmonton, Alberta. 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 139 Members and their approximately 73,000 Approved Persons with a mandate to protect investors and the public interest.

For further information: Marco Wynnyckyj, Hearing Coordinator, [phone] or [email protected]