Notice of Commission Approval - Housekeeping Amendments to IDA By-law 15 - Association Accounts and Funds and Execution of Instruments

THE INVESTMENT DEALERS ASSOCIATION OF CANADA (IDA)

HOUSEKEEPING AMENDMENTS TO IDA BY-LAW 15 -- ASSOCIATION

ACCOUNTS AND FUNDS AND EXECUTION OF INSTRUMENTS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved housekeeping amendments to IDA By-law 15 -- Association accounts and funds and execution of instruments. The amendments reflect current operation practices whereby the management is authorized by the board, within specified levels of authority, to carry out the daily banking transactions of the IDA and make other minor amendments to reflect current operations practices of the IDA. In addition, the Alberta Securities Commission and the Autorité des marchés financiers approved, and the British Columbia Securities Commission did not object to the amendments. The amendments are housekeeping in nature. The description and a copy of the amendments are contained in Chapter 13 of this Ontario Securities Commission Bulletin.