MFDA Sets Date for IOCT Financial Inc. and Michelle A. Bolhuis Hearing in Toronto, Ontario

    TORONTO, May 7 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of IOCT Financial Inc.
and Michelle Anne Bolhuis by Notice of Hearing dated March 5, 2009.
    As specified in the Notice of Hearing, the first appearance in this
matter took place today before a three-member Hearing Panel of the MFDA's
Central Regional Council.
    The hearing of this matter on its merits has been scheduled to take place
before the Hearing Panel on October 7-8, 2009 commencing 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 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 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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