TORONTO, Nov. 14, 2016 /CNW/ - The Mutual Fund Dealers Association of Canada ("MFDA") today announced that it has issued a Notice of Settlement Hearing regarding the presentation, review and consideration of a proposed settlement agreement by a Hearing Panel of the MFDA's Prairie Regional Council. The settlement agreement will be between Staff of the MFDA and Mirella Adair (the "Respondent") and involves matters for which the Respondent may be disciplined by a Hearing Panel pursuant to MFDA By-laws. The subject matter of the proposed settlement agreement concerns the allegations that the Respondent between July 8, 2008 and January 26, 2011, obtained, possessed and used to process transactions, six (6) pre-signed account forms in respect of six (6) clients, contrary to MFDA Rule 2.1.1. The settlement hearing is scheduled to take place on November 29, 2016, commencing at 10:00 a.m. (Mountain), or as soon thereafter as the matter can be held, in the hearing room at the offices of the MFDA, located at 800 - 6th Avenue S.W., Suite 850, Calgary, Alberta. The proceeding will be open to the public, except as may be required for the protection of confidential matters. MFDA settlement hearings are typically held in the absence of the public pursuant to section 20.5 of MFDA By-law No. 1 and Rule 15.2(2) of the MFDA Rules of Procedure. If the Hearing Panel accepts the settlement agreement, then the proceeding will become open to the public and a copy of the decision of the Hearing Panel and the settlement agreement will be made available at www.mfda.ca.