MFDA Pacific Regional Council Hearing Panel Makes Findings Against Brian Somerset Campbell



    VANCOUVER, June 17 /CNW/ - A disciplinary hearing in the Matter of
Brian Somerset Campbell was held yesterday before a Hearing Panel of the
Pacific Regional Council of the Mutual Fund Dealers Association of Canada
("MFDA") in Vancouver, British Columbia.
    The Hearing Panel found that the six allegations set out by MFDA staff in
the Notice of Hearing dated March 5, 2008 had been established. The Hearing
Panel made the following orders at the conclusion of the hearing and advised
that it would issue its written reasons for its decision in due course.

    
    -   A permanent prohibition on the authority of Mr. Campbell to conduct
        securities related business while in the employ of, or associated
        with, any MFDA Member,

    -   A fine in the aggregate amount of $250,000 in respect of the
        six allegations set out in the Notice of Hearing, and

    -   Costs attributable to conducting the investigation and prosecution of
        the matter in the amount of $7,500.
    

    A copy of the Notice of Hearing is available on the MFDA web site at
www.mfda.ca.

    The Mutual Fund Dealers Association of Canada is the self-regulatory
organization for Canadian mutual fund dealers. The MFDA regulates the
operations, standards of practice and business conduct of its 159 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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