Notice from the Office of the Secretary - In the matter of the Mutual Fund Dealers Association of Canada By-Law No. 1 between Independent Financial Brokers of Canada and staff of the Ontario Securities Commission and staff of the Mutual Fund Dealers Association

    TORONTO, May 27 /CNW/ - The Commission will hold a hearing pursuant to
sections 21.7 and 144 of the Securities Act to consider the application made
by the Independent Financial Brokers of Canada for a review of the decision of
the Commission approving the proposal of the Mutual Fund Dealers Association
of Canada to amend Section 24.3 of MFDA By-Law No. 1, "regarding suspensions
in certain circumstances", which was published in the OSC Bulletin on August
1, 2008.
    The hearing will be held on June 5, 2009 at 10:00 a.m. on the 17th floor
of the Commission's offices located at 20 Queen Street West, Toronto in
Hearing Room A.
    A copy of the application is available at


For further information:

For further information: For media inquiries: Wendy Dey, Director,
Communications & Public Affairs, (416) 593-8120; Laurie Gillett, Manager,
Public Affairs, (416) 595-8913; Carolyn Shaw-Rimmington, Assistant Manager,
Public Affairs, (416) 593-2361; For investor inquiries: OSC Contact Centre,
(416) 593-8314, 1-877-785-1555 (Toll Free)

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