Notice of Commission Approval - IDA Amendments to the General Notes and Definitions of Form 1 Relating to Foreign Pension Funds as Acceptable Institutions and Acceptable Counterparties

THE INVESTMENT DEALERS ASSOCIATION OF CANADA (IDA)

AMENDMENTS TO GENERAL NOTES AND DEFINITIONS TO FORM 1 RELATING TO FOREIGN PENSION FUNDS AS

ACCEPTABLE INSTITUTIONS AND ACCEPTABLE COUNTERPARTIES

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to the General Notes and Definitions to Form 1 relating to foreign pension funds as acceptable institutions and acceptable counterparties. In addition, the Alberta Securities Commission approved and the British Columbia Securities Commission did not object to the amendments. The amendments to the definitions of acceptable institutions and acceptable counterparties would permit foreign pension funds that are of sufficient size and that are subject to appropriate regulatory scrutiny, to qualify as acceptable institutions or acceptable counterparties for credit risk purposes under IDA rules. A copy and description of the proposed amendments were published on February 20, 2004, at (2004) 27 OSCB 2294. No comments were received.