Regulation to Amend Regulation 1015 of the Revised Regulations of Ontario, 1990 Made under the Securities Act

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REGULATION TO AMEND REGULATION 1015 OF THE REVISED REGULATIONS OF ONTARIO, 1990 MADE UNDER THE SECURITIES ACT

Note: Since the end of 1998, Regulation 1015 has been amended by Ontario Regulations 1/99, 322/99, 3/00, 108/00, 133/00 and 222/00. Previous amendments are listed in the Table of Regulations in the Statutes of Ontario, 1998.

1. Section 96 Regulation 1015 of the Revised Regulations of Ontario, 1990 is amended by striking out the following definitions:

1. "Canadian Investment Finance Course".

2. "Canadian Investment Funds Course".

3. "Canadian Securities Course".

4. "Chartered Financial Analysts Course".

5. "Partners', Directors' and Senior Officers' Qualifying Examination".

6. "Registered Representative Examination".

2. Section 124 of the Regulation is revoked.

3. Section 126 of the Regulation is revoked.

4. Subsection 130 (1) of the Regulation is amended by inserting after "subsections (2) and (2.1)" "and except as otherwise provided in Ontario Securities Commission Rule 31-502 Proficiency Requirements for Registrants".

5. The definition of "Labour Sponsored Investment Fund Course"in section 234 of the Regulation is revoked.

6. Section 236 of the Regulation is revoked.

7. This Regulation comes into force on the day the rule made by the Ontario Securities Commission on June 20, 2000 entitled "Ontario Securities Commission Rule 31-502 Proficiency Requirements for Registrants" comes into force.

ONTARIO SECURITIES COMMISSION:

"John A. Geller", Vice Chair

"Howard I. Wetston" ,Vice Chair

Dated on June 20, 2000.

Note: The rule made by the Ontario Securities Commission on June 20, 2000 entitled "Ontario Securities Commission Rule 31-502 Proficiency Requirements for Registrants" comes into force on August 17, 2000.