MFDA Commences Hearing on the Merits in the Matter of Calogero Arcuri

    TORONTO, June 18 /CNW/ - The hearing on the merits in the above-noted
matter commenced today before a Hearing Panel of the MFDA Central Regional
Council. The Hearing Panel received the evidence and submissions of MFDA staff
and then adjourned the hearing to resume on Wednesday October 1, 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 hearing is 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

    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

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