Industry

TSX INC.

AMENDMENTS TO REMOVE IMBEDDED OPENING AND CLOSING TIMES

FROM THE RULES OF THE TORONTO STOCK EXCHANGE

NOTICE OF COMMISSION APPROVAL


On August 26, 2008, the Ontario Securities Commission approved amendments to the rules of the Toronto Stock Exchange (Exchange) regarding the removal of the imbedded opening and closing times of the Exchange’s trading sessions from the Exchange’s rules. The amendments remove from the rules the fixed opening and closing times of the Exchange’s trading sessions and instead authorize the Board of Directors of TSX Inc. to determine the opening and closing times of the trading sessions. The amendments were published for comment on September 7, 2007 at (2007) 30 OSCB 7842. Certain minor changes to the amendments were made following publication for comment; a black-lined text of the amendments, showing changes made to the relevant sections of the rules since publication for comment, is published in Chapter 13 of this Bulletin. The amendments take effect on September 12, 2008.