Industry

INVESTMENT INDUSTRY REGULATORY
ORGANIZATION OF CANADA (IIROC)

AMENDMENTS TO SCHEDULE 9 OF FORM 1
RELATING TO THE CALCULATION OF
A SECURITIES CONCENTRATION CHARGE FOR
POSITIONS IN BROAD BASED INDEX SECURITIES

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved amendments to Schedule 9 of IIROC Form 1 relating to the calculation of a securities concentration charge for positions in broad based index securities. In addition, the British Columbia Securities Commission did not object to, and the Alberta Securities Commission, the Autorité des marchés financiers, the Financial Services Regulation Division, Department of Government Services of Newfoundland and Labrador, the Nova Scotia Securities Commission and the New Brunswick Securities Commission approved the proposed amendments. The objective of the proposed amendments is to allow Dealer Members the option of treating positions in broad based index products in the same manner as the underlying basket of index securities for security concentration purposes. A copy and de-scription of the proposed amendments were originally published as Investment Dealers Association of Canada’s amendments on February 29, 2008, at (2008) 31 OSCB 2734. No comments were received.