This is important to know if anybody is currently dealing with Daniel Moyaert ... Apparently he is failing to cooperate with the MFDA and is facing all sorts of penalties.... Are there any visitors here dealing with Daniel Moyaert?

MFDA Hearing Panel makes findings against Daniel Moyaert

TORONTO, Jan. 19 /CNW/ - A disciplinary hearing in the matter of Daniel Leon Edward Moyaert (the "Respondent") was held today before a Hearing Panel of the Central Regional Council of the Mutual Fund Dealers Association of Canada ("MFDA") in Toronto, Ontario.

The Hearing Panel found that Allegation No. 1 in the Notice of Hearing, set out below, had been established:

Allegation No. 1: Commencing October 2008, by failing to comply with a request by MFDA Staff that he provide a written statement concerning
matters under investigation, the Respondent has failed to cooperate with an MFDA investigation, contrary to sections 22.1 and 22.2 of MFDA By-law No. 1.

The Hearing Panel made the following orders at the conclusion of the hearing and advised that it would issue written reasons for its decision in due course:

- A fine in the amount of $50,000;
- A permanent prohibition on the authority of the Respondent to conduct
securities related business in any capacity while in the employ of or
associated with any MFDA Member; and
- Costs in the amount of $5,000.
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 141 Members and their approximately 75,000 Approved Persons with a mandate to protect investors and the public interest.