MFDA Adjourns Ronald Brown Hearing to a Date to be Determined



    TORONTO, Jan. 22 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of Ronald Lindsay
Brown and Dylan Brown by Notice of Hearing dated May 14, 2008.
    A Hearing Panel of the Central Regional Council approved a settlement
agreement between Dylan Brown and staff of the MFDA on November 18, 2008 and,
in respect of Ronald Brown, ordered that January 26, 2009 be reserved for the
hearing of any motions and that the hearing of the matter on its merits will
take place on February 5-6 and 11-13, 2009.
    On the consent of Ronald Brown and staff of the MFDA, the Hearing Panel
adjourned all appearances in the Ronald Brown matter to dates to be
determined. Notice will be given when the matter has been scheduled to
recommence.
    A copy of the Hearing Panel's Order dated January 15, 2009 is available
on the MFDA website at www.mfda.ca.

    The MFDA is the self-regulatory organization for Canadian mutual fund
dealers. The MFDA regulates the operations, standards of practice and business
conduct of its 153 Members and their approximately 75,000 Approved Persons
with a mandate to protect investors and the public interest.





For further information:

For further information: Shaun Devlin, Vice-President, Enforcement,
(416) 943-4672 or sdevlin@mfda.ca


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