Horizons Betapro S&P/TSX Global Mining Bull Plus ETF et al. - OSC Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions, s. 1.1

Order

Headnote

Certain mutual funds designated as exchange-traded funds 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

HORIZONS BETAPRO S&P/TSX GLOBAL MINING BULL PLUS ETF,

HORIZONS BETAPRO S&P/TSX GLOBAL MINING BEAR PLUS ETF,

HORIZONS BETAPRO COMEX GOLD BULLION BULL PLUS ETF,

HORIZONS BETAPRO COMEX GOLD BULLION BEAR PLUS ETF,

HORIZONS BETAPRO NYMEX CRUDE OIL BULL PLUS ETF,

HORIZONS BETAPRO NYMEX CRUDE OIL BEAR PLUS ETF,

HORIZONS BETAPRO NYMEX NATURAL GAS BULL PLUS ETF,

HORIZONS BETAPRO NYMEX NATURAL GAS BEAR PLUS ETF,

CLAYMORE 1-5 YR LADDERED GOVERNMENT BOND ETF,

CLAYMORE GLOBAL AGRICULTURE ETF,

CLAYMORE NATURAL GAS COMMODITY ETF,

CLAYMORE GLOBAL MONTHLY YIELD HOG ETF,

AND

CLAYMORE S&P/TSX GLOBAL MINING ETF

(collectively, the Funds)

 

DESIGNATION ORDER

Section 1.1

WHEREAS each of the Funds is listed on the Toronto Stock Exchange;

AND WHEREAS Market Regulation Services Inc. has designated, or intends to designate, each of the Funds 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 each of the Funds as an exchange-traded fund for the purposes of the Rule.

Dated February 7, 2008

Brigitte Geisler
Director, Market Regulation
Ontario Securities Commission