Notice: OSC Rule - 31-506 - SRO Membership - Mutual Funds Dealers

Notice: OSC Rule - 31-506 - SRO Membership - Mutual Funds Dealers

OSC Rule



NOTICE OF MINISTER OF FINANCE APPROVAL OF FINAL RULE UNDER

THE SECURITIES ACT

RULE 31-506

SRO MEMBERSHIP - MUTUAL FUND DEALERS

On April 6, 2001 the Minister of Finance approved Rule 31-506 SRO Membership - Mutual Fund Dealers (The "Rule"). The Rule was published in the Bulletin for comment in October 1997, June 1998 and June 2000. The Commission first made the Rule on October 10, 2000. The Minister returned the Rule to the Commission for further consideration on December 11, 2000. After taking into account the additional factors requested by the Minister, the Commission made the Rule for a second time on February 6, 2001.

The Rule will come into force on April 23, 2001 and will be published in the Ontario Gazette on April 21, 2001. This date is the "effective date" as defined in the Rule. As a result, the actions specified by Part 3 of the Rule to be taken by a date no later than the thirtieth day after the effective date must be taken by May 23, 2001.

The Rule is published in Chapter 5 of the Bulletin.

April 12, 2001.