News Release

For immediate release
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For further information, please contact:

Marco Wynnyckyj

Director, Hearings

(416) 945-5146

mwynnyckyj@mfda.ca

MFDA announces venue for Scott Armstrong Hearing in Saint John, New Brunswick

June 7, 2011 (Toronto, Ontario) – The MFDA commenced a disciplinary proceeding in respect of Scott C. Armstrong by Notice of Hearing dated January 19, 2011.

The hearing of this matter on its merits will take place on July 6-8, 2011 commencing at 10:00 a.m. (Atlantic) each day in the hearing room located at the Hilton Saint John Hotel, 1 Market Square, Saint John, New Brunswick. The hearing will be open to the public, except as may be required to protect 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 133 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.