U.S. Markets open in 1 hr 31 mins

MFDA Hearing Panel adjourns Hearing on the Merits in the matter of Paul Wemple

TORONTO, March 20, 2017 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") commenced a disciplinary proceeding in respect of Paul Leland Wemple (the "Respondent") by Notice of Hearing dated August 22, 2016 (the "Notice of Hearing").

Prior to the hearing of this matter on its merits, scheduled for March 21, 2017, Staff of the MFDA made an adjournment request to the Hearing Panel. The Panel granted the adjournment and the hearing will now take place on a date to be determined and announced accordingly.

A copy of the Notice of Hearing is available on the MFDA website at www.mfda.ca. During the period described in the Notice of Hearing, the Respondent conducted business in Toronto, Ontario.

The MFDA is the self-regulatory organization for Canadian mutual fund dealers, regulating the operations, standards of practice and business conduct of its Members and their approximately 83,000 Approved Persons with a mandate to protect investors and the public interest. For more information about the MFDA's complaint and enforcement processes, as well as links to 'Check an Advisor' and other Investor Tools, visit the For Investors page on the MFDA website.