Notice from the Office of the Secretary - Ontario Securities Commission

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c. S.5, AS AMENDED

- AND -

IN THE MATTER OF PRO-FINANCIAL ASSET MANAGEMENT INC.

TORONTO, May 27, 2014 /CNW/ - The Commission issued an Order in the above named matter which provides that:

1. The term and condition on PFAM's registration imposed by Commission order dated March 4, 2014 which stated that "PFAM may only distribute securities of the Pro-Index Funds to existing security holders of the Pro-Index Funds" is deleted and replaced with "PFAM shall not distribute securities of the Pro-Index Funds."
   
   
2. A confidential pre-hearing conference in respect of the section 8 hearings and reviews of the Director Decisions will proceed on June 5, 2014 at 10:00 a.m.
   
   
3. The Temporary Order is extended to July 4, 2014.
   
   
4. The hearing is adjourned to July 2, 2014 at 2:00 p.m.

A copy of the Order dated May 23, 2014 is available at www.osc.gov.on.ca

OFFICE OF THE SECRETARY
JOSÉE TURCOTTE
ACTING SECRETARY

SOURCE: Ontario Securities Commission

For media inquiries: [email protected]; Carolyn Shaw-Rimmington, Manager, Public Affairs, 416-593-2361; Aly Vitunski, Senior Media Relations Specialist, 416-593-8263; Alison Ford, Media Relations Specialist, 416-593-8307; For investor inquiries: OSC Contact Centre, 416-593-8314, 1-877-785-1555 (Toll Free)