TORONTO, Nov. 6 /CNW/ - A Hearing Panel of the Atlantic Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") has issued its Reasons for Decision in connection with the Settlement Hearing held in Fredericton, New Brunswick on August 21, 2009 in the matter of Alden M. Kaley.

A copy of the Reasons for Decision 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 146 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.

For further information

Shaun Devlin, Vice-President, Enforcement, (416) 943-4672 or sdevlin@mfda.ca