MFDA Sets Date for ASL Direct Inc. and Adrian S. Leemhuis Hearing on the Merits

    TORONTO, April 7 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of ASL Direct Inc. and
Adrian Samuel Leemhuis by Notice of Hearing dated October 17, 2008.
    An appearance in this matter took place today by teleconference to set a
revised schedule for the continuation of this proceeding and to address any
other procedural matters. The Hearing Panel reserved September 8-11, 2009 and
September 14-15, 2009 for the hearing of this matter on its merits. The
hearing will commence each day at 10:00 a.m. (Eastern), or as soon thereafter
as the hearing can be held, with the exception of September 10, 2009 when the
hearing will commence at 12:30 p.m. (Eastern).
    The pre-hearing motion to be brought by the Respondent, Adrian Leemhuis,
remains scheduled for May 5, 2009 at 10:00 a.m. (Eastern), or as soon
thereafter as the motion can be heard.
    These appearances will take place in the Hearing Room located at the
Toronto offices of the MFDA at 121 King Street West, Suite 1000, Toronto,
Ontario and are 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 150 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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