Notice and Request for Comment – Revised Application for Approval of MFDA Investor Protection Corporation – Mutual Fund Dealers Association of Canada (MFDA)

NOTICE AND REQUEST FOR COMMENT

REVISED APPLICATION FOR APPROVAL OF MFDA INVESTOR PROTECTION CORPORATION/CORPORATION DE PROTECTION DES INVESTISSEURS DE l'ACFM, PURSUANT TO SECTION 110 OF REGULATION 1015 MADE UNDER THE SECURITIES ACT

AND

NOTICE AND REQUEST FOR COMMENT

MFDA PROPOSED AMENDMENTS TO RULE 2.7 – ADVERTISING AND SALES COMMUNICATIONS AND PROPOSED MFDA POLICY (ADVERTISING RELATING TO MFDA IPC PARTICIPATION)

The Ontario Securities Commission is publishing for comment the revised application of the Mutual Fund Dealers Association of Canada (the "MFDA") and the MFDA Investor Protection Corporation/Corporation de Protection des investisseurs de l'ACFM (the "MFDA IPC") for the approval by the Ontario Securities Commission of the MFDA IPC as a compensation fund, pursuant to subsection 110(1) of Regulation 1015, as amended, made under the Securities Act. The Commission is also publishing for comment the proposed form of approval order.

The Application, together with certain supporting documents, is set out in Chapter 13 of the Bulletin.

Exhibit D to the Application contains a notice of the MFDA which also requests comments on Proposed Amendments to Rule 2.7 of the MFDA and a related Proposed Policy of the MFDA.

The comment period for each of the Application, Rule and related Policy expires on March 28, 2005.