Notice of Commission Approval - IDA Amendments to IDA Regulation 100.9 and 100.10 - CDCC Issued Currency Options

Market Regulation Document Type
Investment Dealers Association rule review

THE INVESTMENT DEALERS ASSOCIATION

AMENDMENTS TO IDA REGULATION 100.9 AND 100.10 -- CDCC ISSUED CURRENCY OPTIONS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to IDA Regulation 100.9 and 100.10 -- CDCC issued Currency Options. In addition, the British Columbia Securities Commission did not object, and the Alberta Securities Commission and the Autorité des marchés financiers approved the amendments. The purpose of the amendments is to cater for CDCC issued currency options that will be traded on the Bourse de Montreal, and to apply the margin and capital requirements already applicable to Options Clearing Corporation issued currency options consistently with those issued by CDCC. A copy and description of the proposed amendments were published on July 15, 2005, at (2005) 28 OSCB 6138. No comments were received.