Notice of Amendment Approval - Provisions Respecting a "Basis Order"

MARKET REGULATION SERVICES INC.

AMENDMENT APPROVAL TO THE UNIVERSAL MARKET INTEGRITY RULES -

PROVISIONS RESPECTING A "BASIS ORDER"

NOTICE OF AMENDMENT APPROVAL

The Ontario Securities Commission has approved amendments to the Universal Market Integrity Rules ("UMIR") to incorporate a definition of a "Basis Order" and to provide that the execution of a Basis Order should not establish the "last sale price". In addition, the Alberta Securities Commission, the British Columbia Securities Commission, the Manitoba Securities Commission, and, in Quebec, the Autorité des marchés financiers (the "Recognizing Regulators") have also approved the amendments. A copy and description of the amendment was published on November 26, 2004 at (2004) 27 OSCB 9589. No comment letters were received and the final version of the amendment is published in Chapter 13 of this Bulletin.