Claymore Premium Money Market ETF - s. 1.1

Order

Headnote:

A mutual fund designated as an exchange-traded fund for the purposes of OSC Rule 48-501.

Rules Cited

Ontario Securities Commission Rule 48-501 -- Trading during Distributions, Formal Bids and Share Exchange Transactions, s. 1.1.

IN THE MATTER OF

ONTARIO SECURITIES COMMISSION RULE 48-501 -- TRADING DURING DISTRIBUTIONS, FORMAL BIDS AND SHARE

EXCHANGE TRANSACTIONS

(Rule)

AND

IN THE MATTER OF

CLAYMORE PREMIUM MONEY MARKET ETF

(the Fund)

 

DESIGNATION ORDER

Section 1.1

WHEREAS the Fund is listed on the Toronto Stock Exchange;

AND WHEREAS Market Regulation Services Inc. has designated, or intends to designate, the Fund as an Exchange-traded Fund for the purposes of the Universal Market Integrity Rules (UMIR);

AND WHEREAS the definition of "exchange-traded fund" in the Rule is substantially similar to the definition of Exchange-traded Fund in UMIR;

THE DIRECTOR HEREBY DESIGNATES the Fund as an exchange-traded fund for the purposes of the Rule.

Dated February 20, 2008

"Brigitte Geisler"
Director, Market Regulation
Ontario Securities Commission