News Release

For immediate release
View and Download English PDF

For further information, please contact:

Marco Wynnyckyj Hearings Coordinator 416-945-5146 or mwynnyckyj@mfda.ca

NEWS RELEASE

For immediate release

MFDA commences Hearing on the Merits in the Matter of Thomas Arseneau

June 28, 2012 (Toronto, Ontario) – The Mutual Fund Dealers Association of Canada (“MFDA”) commenced a disciplinary proceeding in respect of Thomas G. Arseneau by Notice of Hearing

dated December

22,

2011.

The hearing of this matter on its merits commenced on June 26 and 27, 2012 in Fredericton, New Brunswick before a three-person Hearing Panel of the MFDA’s Atlantic Regional Council. The hearing has been scheduled to resume on July 31, 2012 at 10:00 a.m. (Atlantic) in the hearing room located at the Crowne Plaza Fredericton-Lord Beaverbrook, 659 Queen Street, Fredericton, New Brunswick.

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 121 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.

Doc 300705

- 30 -