Notice of Commission Approval – Amendments to IDA Policy 6 Parts I and II Regarding Wealth Management Essentials Course, and Policy 6 Part I Regarding Proficiency Requirements for Futures Contract Portfolio Managers and Associate Futures Contract Portfolio Managers and Amendments to IDA Policy 6 Parts I and II Regarding Wealth Management Essentials Course, and Policy 6 Part I Regarding Proficiency Requirements for Futures Contract Portfolio Managers and Associate Futures Contract Portfolio Managers

Investment Dealers Association rule review

August 4, 2006

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THE INVESTMENT DEALERS ASSOCIATION

AMENDMENTS TO IDA

POLICY 6, PARTS I AND II REGARDING

WEALTH MANAGEMENT ESSENTIALS COURSE

AND

POLICY 6, PART I REGARDING

PROFICIENCY REQUIREMENTS FOR

FUTURES CONTRACT PORTFOLIO MANAGERS

AND ASSOCIATE FUTURES CONTRACT

PORTFOLIO MANAGERS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved the above-noted amendments. In addition, the Alberta Securities Commission and the British Columbia Securities Commission did not object, and the Autorité des marchés financiers approved the proposed amendments.

The purpose of the amendments to Policy 6, Parts I and II regarding Wealth Management Essentials Course is to replace the 30 month post-registration proficiency course requirement, currently either the Professional Financial Planning Course or Investment Management Techniques Course, with a new course to be called Wealth Management Essentials.

The changes to Policy 6, Part I regarding proficiency requirements for Futures Contract Portfolio Managers and Associate Futures Contract Portfolio Managers were made to amend the education and experience proficiency requirements for Futures Contract Portfolio Managers and Associate Futures Contract Portfolio Managers.

A copy and description of the proposed amendments were published on July 15, 2005, at (2005) 28 OSCB 6161. A summary of the comments received and IDA's response are published in Chapter 13.