Notice of Commission Approval - Approval of Amendments to IDA Regulation 100.4 - Capital Share, Convertible Security and Exercisable Security Offsets

Market Regulation Document Type
Investment Dealers Association rule review

 

AMENDMENTS TO IDA REGULATION 100.4 - CAPITAL SHARE,
CONVERTIBLE SECURITY AND EXERCISABLE SECURITY OFFSETS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to IDA Regulation 100.4 regarding capital share, convertible security and exercisable security offsets. The Alberta Securities Commission approved and the British Columbia Securities Commission did not object to these amendments. The purpose of the amendments is to establish specific capital and margin requirements for capital share, convertible security and exercisable security offsets that are reflective of their market risk. A copy and description of these amendments were published on November 8, 2002 at (2002) 25 OSCB 7402. No comments were received. The final amendments to Regulation 100.4G(d) to 100.4G(e) blacklined from the version published on November 8, 2002 are contained in Chapter 13 of this Bulletin.