News Release

For immediate release
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For further information, please contact:

Shaun Devlin

Senior Vice President, Member Regulation, Enforcement

(416) 943-4672

sdevlin@mfda.ca

MFDA Hearing Panel issues Decision and Reasons in the Matter of Scott C. Armstrong

September 27, 2011 (Toronto, Ontario) – A Hearing Panel of the MFDA’s Atlantic Regional Council has issued its Decision and Reasons in connection with the disciplinary hearing held in Saint John, New Brunswick on August 23, 2011 in the matter Scott C. Armstrong.

A copy of the Decision and Reasons 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 132 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.