Notice of Commission Approval - Amendment to IDA Regulation 100.2(f)(i) - Margin Requirements for Listed Securities

AMENDMENT TO IDA REGULATION 100.2(f)(i)
RELATING TO MARGIN REQUIREMENTS FOR LISTED SECURITIES

NOTICE OF COMMISSION APPROVAL

IDA Regulation 100.2(f)(i) regarding margin requirements for listed securities 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 prohibit Canadian Venture Exchange ("CDNX") securities of companies classified as "Inactive Tier 2" or Tier 3 from being eligible for margin. In addition, the amendments update the margin requirements to reflect changes made to the listing categories and exchange names resulting from the merger of the Vancouver Stock Exchange and the Alberta Stock Exchange. As a result of this merger, the Development Companies and Junior Capital Pool Companies categories were replaced by CDNX's Capital Pool Company category and two tiers of listed companies. A copy and description of the amendments were published on November 9, 2001 at (2001) 24 OSCB6795. No comments were received.