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In this letter, we consider the application of an iterative interference cancelation (IC) scheme to improve the speed of convergence of the adaptive minimum mean-squared error (MMSE) receiver for the reverse-link of a direct-sequence code-division multiple-access (DS-CDMA) system. Our aim is to reduce the overhead introduced during the receiver's training period. This will be achieved using an iterative interference cancelation algorithm such as the parallel interference cancelation (PIC) algorithm. The proposed iterative algorithm makes use of the available knowledge of all users' training sequences at the base-station receiver to jointly cancel multiple-access interference (MAI) and adapts to the MMSE optimum filter taps using the combined adaptive MMSE/PIC receiver. We employ the proposed iterative algorithm to both the least mean square and the recursive least squares algorithms where we show that a significant improvement in terms of convergence speed is achieved. Moreover, we demonstrate the near-far resistance of the proposed receiver.