MFDA reschedules Hearing on the Merits in the matter of Youssef Hamzi

TORONTO, April 11, 2012 /PRNewswire/ - The MFDA commenced a disciplinary proceeding in respect of Youssef Hamzi by Notice of Hearing dated October 7, 2011.

An appearance in this matter took place yesterday before a three-person Hearing Panel of the MFDA's Central Regional Council.

The hearing of this matter on its merits, previously scheduled to take place April 16, 2012, has been re-scheduled to June 18, 2012 commencing at 10:00 a.m. (Eastern), or as soon thereafter as the hearing can be held, in the MFDA hearing room located at 121 King Street West, Suite 1000, Toronto, Ontario. 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 www.mfda.ca.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its 123 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.

SOURCE Mutual Fund Dealers Association of Canada