Notice of Rescission: Proposed Rescission of National Policy No. 25 - Registrants Advertising Disclosure of Interest

NOTICE OF RESCISSION OF

NATIONAL POLICY NO. 25 - REGISTRANTS ADVERTISING
DISCLOSURE OF INTEREST AND

NATIONAL POLICY NO. 49 - SELF-REGULATORY
ORGANIZATION MEMBERSHIP

Rescission of Policies

All members of the Canadian Securities Administrators (CSA) have rescinded the following National Policies:

• National Policy 25 - Registrants Advertising Disclosure of Interest (NP 25)
• National Policy 49 - Self-Regulatory Organization Membership (NP 49)

The rescissions are effective immediately.

A notice respecting the proposed rescission of these Policies was published, in Ontario, on March 31, 2003 at (2003) 26 OSCB 2355. Interested parties were invited to make written submissions with respect to the proposed rescissions. No submissions were received and no changes have been made from the draft, other than the addition of an effective date.

Text of Rescissions

"National Policy 25 entitled "Registrants Advertising Disclosure of Interest" is rescinded effective immediately."

"National Policy 49 entitled "Self-Regulatory Organization Membership" is rescinded effective immediately."

September 12, 2003.