Felcom Management Corp. - cl. 213(3)(b) of the LTCA
Headnote
Clause 213(3)(b) of the Loan and Trust Corporations Act - application for approval to act as trustee.
Statutes Cited
Loan and Trust Corporations Act, R.S.O. 1990, c. L.25, as am., clause 213(3)(b).
December 24, 2004
Attention: Frances Connelly
Dear Sirs/Mesdames:
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Re:
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Felcom Management Corp. ("Felcom")
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Application pursuant to clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario)
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Application No. 1038/04
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Further to your application dated December 10, 2004, as supplemented by faxed documents dated December 15, 2004 and December 16, 2004 (collectively, the "Application") filed on behalf of Felcom, and based on the facts set out in the Application, pursuant to the authority conferred upon the Ontario Securities Commission (the "Commission") in paragraph 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that Felcom act as trustee of the Taliesin Fund and of other mutual funds which may be established and managed by Felcom in the future, the securities of which are or will be offered pursuant to prospectus exemptions.
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"Paul Moore"
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"H.Lorne Murphy"
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