Notice of Commission Approval - Amendments to Schedule 9 of IDA Form 1 (Securities Concentration Change)

THE INVESTMENT DEALERS ASSOCIATION OF CANADA (IDA)

PROPOSED AMENDMENTS TO SCHEDULE 9 OF FORM 1

(SECURITIES CONCENTRATION CHANGE)

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendment to IDA Schedule 9 of Form 1 regarding securities concentration change. In addition, the Alberta Securities Commission approved and the British Columbia Securities Commission did not object to the amendment. The purpose of the amendment is to provide IDA members the option of calculating securities concentration charges using the underlying positions in individual issuers held by the broad based index securities. A copy and description of the proposed amendments were published on June 25, 2004, at (2004) 27 OSCB 6098. No comments were received.