Notice of Commission Approval - IDA Amendments to Regulations 100.4A, 100.4B, 100.4C, 100.4D, 100.4E and 100.4K - Extending Debt Offsets to Customer Positions

THE INVESTMENT DEALERS ASSOCIATION

AMENDMENTS TO REGULATIONS 100.4A, 100.4B,

100.4C, 100.4D, 100.4E AND 100.4K

EXTENDING DEBT OFFSETS TO CUSTOMER POSITIONS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to IDA Regulations 100.4A, 100.4B, 100.4C, 100.4D, 100.4E and 100.4K regarding reduced margin requirements for offset strategies relating to debt. In addition, the Alberta Securities Commission and the British Columbia Securities Commission did not object, and the Autorité des marchés financiers approved the proposed amendments. The purpose of the amendments is to allow customers to benefit from the reduced margin requirements for a number of debt offsets that are already available to Member firms and to eliminate the differences between IDA and Bourse margin regulations regarding customer positions in debt offsets. A copy and description of the proposed amendments were published on October 13, 2006, at (2006) 29 OSCB 8203. No comments were received.