MFDA Sets Date for the Michele and Jeffrey Longchamps Hearing

    TORONTO, Jan. 9 /CNW/ - The Mutual Fund Dealers Association of Canada
("MFDA") commenced a disciplinary proceeding in respect of Michele and Jeffrey
Longchamps by Notice of Hearing dated October 22, 2008.
    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 ("Hearing Panel").
    The commencement of the hearing of this matter on its merits has been
scheduled to take place before the Hearing Panel on Thursday, March 5, 2009 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 MFDA is the self-regulatory organization for Canadian mutual fund
dealers. The MFDA regulates the operations, standards of practice and business
conduct of its 153 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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