MFDA Amends Notice of Hearing in the Matter of Hill & Crawford Investment Management Group Ltd. and Albert R. Hill

    TORONTO, June 1 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced disciplinary proceedings in respect of Hill and Crawford
Investment Management Group Ltd. and Albert Rodney Hill by Notice of Hearing
dated December 31, 2008.
    On May 14, 2009, Staff of the MFDA brought a motion seeking leave from
the Hearing Panel to amend the Notice of Hearing to incorporate new facts
concerning alleged contraventions of MFDA Rules by the Respondents that came
to Staff's attention after the Notice of Hearing was issued. The Hearing Panel
granted the relief sought by Order dated May 15, 2009.
    The hearing of this matter on its merits is scheduled for June 9-10,
2009. The hearing will be open to the public, except as may be required for
the protection of confidential matters, and will take place in the hearing
room located at 121 King St. West, Suite 1000, Toronto, Ontario, commencing at
10:00 a.m. (Eastern) or as soon thereafter as the hearing can be held.
    Copies of the Hearing Panel's Order dated May 15, 2009 and the Amended
Notice of Hearing are available on the MFDA website at

    The MFDA is the self-regulatory organization for Canadian mutual fund
dealers, regulating the operations, standards of practice and business conduct
of its 149 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

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