MFDA Hearing Panel Reserves Judgment in Gary A. Price Hearing

    TORONTO, May 12 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of Gary Alan Price by
Notice of Hearing issued June 23, 2008.
    The hearing of this matter on its merits was concluded today in Toronto,
Ontario before a Hearing Panel of the Central Regional Council of the MFDA.
The Hearing Panel reserved its decision and advised that it would issue its
decision and written reasons in due course.
    A copy of the Notice of Hearing is 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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