MFDA Sets Date for Michael MacDonald Hearing in Toronto, Ontario

    TORONTO, Aug. 30 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of Michael MacDonald
by Notice of Hearing dated June 22, 2007.
    As specified in the Notice of Hearing, the first appearance in this
proceeding took place today at 10:00 a.m. (Eastern) before a three-member
Hearing Panel of the MFDA Central Regional Council.
    The commencement of the hearing on the merits of this matter has been
scheduled to take place before a Hearing Panel of the Central Regional Council
on Wednesday, November 7, 2007 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 web site 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 162 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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