Notice of Commission Approval - Amendments to IDA Regulation 100.12 - Capital and Margin Requirements for Capital Trust Securities

AMENDMENTS TO IDA REGULATION 100.12 -
CAPITAL AND MARGIN REQUIREMENTS FOR CAPITAL TRUST SECURITIES

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to IDA Regulation 100.12 regarding capital and margin requirements for capital trust securities subject to the condition that the references to the Alberta Stock Exchange and the Vancouver Stock Exchange be removed. 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 subject to the same condition. The purpose of the amendments is to establish specific capital and margin requirements for capital trust securities that are reflective of their market risk. A copy and description of these amendments were published on July 5, 2002 at (2002) 25 OSCB 4345. No comments were received.