Industry


NOTICE OF COMMISSION DEEMED APPROVAL

MUTUAL FUND DEALERS ASSOCIATION OF CANADA (MFDA)

HOUSEKEEPING AMENDMENTS TO MFDA RULE 5.3 (CLIENT REPORTING) AND
MFDA POLICY NO. 7 (PERFORMANCE REPORTING)

The Ontario Securities Commission did not object to the classification of the MFDA’s proposed housekeeping amendments to specific sections of MFDA Rule 5.3 and MFDA Policy No. 7. As a result, the proposed housekeeping amendments are deemed to be approved and are effective on a date to be subsequently determined by the MFDA.

In addition, the British Columbia Securities Commission, the Alberta Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Financial and Consumer Services Commission of New Brunswick, the Manitoba Securities Commission, the Nova Scotia Securities Commission, and the Prince Edward Island Office of the Superintendent of Securities did not object to the amendments.

A copy of the MFDA’s Notice and the text of the approved amendments can be found at http://www.osc.gov.on.ca.