Notice of Commission Approval - Amendment to IDA By-law 1 - Definition of "Approved Person" Added

THE INVESTMENT DEALERS ASSOCIATION OF CANADA (IDA)

AMENDMENTS TO BY-LAW 1 - DEFINITION OF "APPROVED PERSON" ADDED

NOTICE OF COMMISSION APPROVAL

Amendment to the IDA By-law 1 has been approved by the Ontario Securities Commission. In addition, the Alberta Securities Commission did not disapprove and the British Columbia Securities Commission did not object to these amendments. The amendment adds "approved person" to the definitions contained in By-Law 1.