Notice of Commission Approval - Provisions Respecting Practice and Procedure

MARKET REGULATION SERVICES INC.

AMENDMENT TO THE UNIVERSAL MARKET INTEGRITY RULES

AMENDMENTS TO POLICY 10.8 -- PROVISIONS

RESPECTING PRACTICE AND PROCEDURE

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission has approved amendments to sections 1.1, 3.2, 4.2, 8.1(1), 9.4, 9.7(4), 10.2(1), 10.3(1) and 10.3(2) of Policy 10.8 of the Universal Market Integrity Rules (UMIR) respecting the practice and procedure to be followed in a disciplinary proceeding. In addition, the Alberta Securities Commission, the British Columbia Securities Commission, the Manitoba Securities Commission and the Autorité des marchés financiers have also approved the amendments. A copy and description of the amendments was published on April 30, 2004 at (2004) 27 OSCB 4445. Two comment letters were received. The final version of the amendments and a summary of the comments received are published in Chapter 13 of this Bulletin.