Notice of Commission Approval - IDA Amendments to Regulations 100.9 and 100.10 to Recognize Three Complex Option Offset Strategies and to Expand the List of Available Option Spreads Involving Individual Equities

THE INVESTMENT DEALERS ASSOCIATION

AMENDMENTS TO IDA REGULATIONS 100.9 AND 100.10 TO RECOGNIZE THREE

COMPLEX OPTION OFFSET STRATEGIES AND TO EXPAND THE LIST OF

AVAILABLE OPTION SPREADS INVOLVING INDIVIDUAL EQUITIES

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to IDA Regulation 100.9 and 100.10 to recognize three complex option offset strategies and to expand the list of available option spreads involving individual equities. In addition, the Alberta Securities Commission and the British Columbia Securities Commission did not object, and the Autorité des marchés financiers approved the proposed amendments. The purpose of the amendments is to expand the number of reduced capital and margin option offset strategies as well as the number of option spreads available for individual equity options. A copy and description of the proposed amendments were published on October 13, 2006, at (2006) 29 OSCB 8203. No comments were received. The final version of the amendments is published in Chapter 13 of this Bulletin.