TORONTO, June 27 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of Farm Mutual
Financial Services Inc. ("Farm Mutual") by Notice of Hearing dated June 2,
As specified in the Notice of Hearing, the first appearance in this
proceeding took place today before a 3-member Hearing Panel of the MFDA
Central Regional Council.
Following submissions by the parties respecting scheduling and procedural
matters, the Hearing Panel directed that the next appearance in this
proceeding will take place on Tuesday, September 9, 2008 at 10:00 a.m.
(Eastern) in the Hearing Room located at the offices of the MFDA at 121 King
Street West, Suite 1000, Toronto, Ontario, or as soon thereafter as the
hearing can be held. The purpose of the appearance on September 9, 2008 will
be to consider a pre-hearing motion to be brought by the Respondent. The
hearing of the motion on September 9, 2008 will be open to the public, except
as may be required for the protection of confidential matters.
The Hearing Panel also set aside October 31, 2008 as an appearance date
to afford the parties an opportunity to speak to preliminary matters following
the motion and set hearing dates for the hearing of the proceeding on its
merits on December 8, 9 and 10, 2008. The appearances on October 31,
December 8, 9 and 10, 2008 will take place in the Hearing Room located at the
offices of the MFDA at 121 King Street West, Suite 1000, Toronto, Ontario,
commencing at 10:00 a.m. (Eastern) or as soon thereafter as the respective
hearing appearances can be held.
A copy of the Notice of Hearing is available on the MFDA website at
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 72,000 Approved Persons with a mandate to protect
investors and the public interest.
For further information:
For further information: Yvette MacDougall, Hearings Coordinator, (416)
943-4606 or email@example.com