MFDA Reschedules Hearing in the Matter of Purisima Dy

    TORONTO, May 20 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of Purisima Dy by
Notice of Hearing dated October 21, 2008.
    Following submissions by the parties today respecting scheduling and
other procedural matters, the Hearing Panel rescheduled the Hearing on the
Merits, previously scheduled to commence today, for November 9, 2009. The
hearing will take place in the Hearing Room located at the Toronto offices of
the MFDA and will commence at 10:00 a.m. (Eastern), or as soon thereafter as
the hearing can be held.
    The Hearing on the Merits will be 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 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: Yvette MacDougall, Hearings Coordinator, (416)
943-4606 or

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