Notice of Commission Approval - Proposped Amendments to IDA Regulation 500 and Policy No 6. Trader Registration

Market Regulation Document Type
Investment Dealers Association rule review

THE INVESTMENT DEALERS ASSOCIATION (IDA)

PROPOSED AMENDMENTS TO REGULATION 500 AND POLICY NO. 6 REGARDING TRADER REGISTRATION

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission (OSC) approved proposed amendments to IDA Regulation 500 and Policy No. 6 regarding trader registration. In addition, the Autorité des marchés financiers (AMF) approved, the Alberta Securities Commission (ASC) and the British Columbia Securities Commission (BCSC) did not object to the proposed amendments. The proposed amendments delete references to outdated trader categories, and remove duplication in the administration of proficiency requirements by the exchanges and the IDA. The resulting changes are administrative in nature, and therefore, the amendments are classified as housekeeping. A copy and description of the amendments are published in Chapter 13 of this Bulletin.