Notice of Ministerial Approval of Amendments to OSC Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions

NOTICE OF MINISTERIAL APPROVAL OF,
AMENDMENTS TO OSC RULE 48-501
TRADING DURING DISTRIBUTIONS, FORMAL BIDS AND SHARE EXCHANGE TRANSACTIONS

On October 13, 2015, the Minister of Finance approved amendments (Amendments) to OSC Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions (the Rule). The Amendments are reproduced in Chapter 5 of this Bulletin and at www.osc.gov.on.ca.

The Amendments remove a requirement in the Rule that the Director must designate an exchange-traded fund in order for trading in the units of the fund to be exempt from the Rule. The Amendments were published in the Bulletin on August 20, 2015 at (2015), 38 OSCB 7243. No changes have been made to the Rule since this publication.

The Amendments will come into force on November 2, 2015.