Notice of Commission Approval - IDA Amendments to Form 1, Notes and Instructions to Statement A Regarding Foreign Currency Cash Balances Held in Registered Retirement Savings Plan Accounts

Market Regulation Document Type
Investment Dealers Association rule review

THE INVESTMENT DEALERS ASSOCIATION

AMENDMENTS TO FORM 1, NOTES AND INSTRUCTIONS TO STATEMENT A

REGARDING FOREIGN CURRENCY CASH BALANCES HELD IN

REGISTERED RETIREMENT SAVINGS PLAN ACCOUNTS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved proposed amendments to Form 1, Notes and Instructions to Statement A regarding foreign currency cash balances held in RRSP accounts. In addition, the British Columbia Securities Commission did not object, and the Alberta Securities Commission and the Autorité des marchés financiers approved the proposed amendments. The purpose of the amendments is to permit the classification of foreign currency cash balances held in RRSP accounts at an acceptable institution, that is a participating organization in either CDIC or AMF (with respect to deposit insurance), as allowable assets. A copy and description of the proposed amendments were published on July 15, 2005, at (2005) 28 OSCB 6156. No comments were received.