Notice of Concept Paper: Concept Proposal - 23-402 - Best Execution and Soft Dollar Arrangements

CONCEPT PAPER 23-402

BEST EXECUTION AND SOFT DOLLAR ARRANGEMENTS

Introduction

The Commission, along with the British Columbia Securities Commission, the Alberta Securities Commission, the Manitoba Securities Commission and the Autorité des marchés financiers du Québec, is publishing Concept paper 23-402 Best execution and soft dollar arrangements for comment. The purpose of the concept paper is to set out a number of issues related to best execution and soft dollar arrangements for discussion and obtain feedback. We will take the feedback received through the consultation process into account in our assessment of what, if any, further steps are appropriate.

Request for Comment

We welcome your comments on the issues identified in the concept paper in both hard copy and email form. Please submit them in writing on or before May 6, 2005.

Please address your submission to all of the CSA listed below in care of the OSC, in duplicate as indicated below:

Please also send your submission to the Autorité des marchés financiers as follows:

We cannot keep submissions confidential because securities legislation in certain provinces requires us to publish a summary of written comments received during the comment period.

The paper is published in Chapter 6 of this bulletin.

Questions

Please refer your questions to any of the following people:

February 4, 2005