Notice of Commission Approval - Amendment to IDA Policy 6, Proficiency Requirements for Portfolio Managers and Futures Contracts Portfolio Managers

Investment Dealers Association rule review

January 24, 2003

AMENDMENT TO IDA POLICY 6, PART I.A(6) REGARDING
PROFICIENCY REQUIREMENTS FOR PORTFOLIO MANAGERS
AND FUTURES CONTRACTS PORTFOLIO MANAGERS

NOTICE OF COMMISSION APPROVAL

Amendments to IDA Policy 6, Part I.A(6) regarding proficiency requirements for portfolio managers and futures contracts portfolio managers has been approved by the Ontario Securities Commission. In addition, the Saskatchewan Securities Commission approved, the Alberta Securities Commission did not disapprove and the British Columbia Securities Commission did not object to these amendments. The amendments set out changes to the existing experience requirements for portfolio managers and futures contracts portfolio managers. A copy and description of the amendments were published on November 8, 2002 at (2002) 25 OSCB 7399.