Notice of Request for Comments on Proposed Amendment and Restatement, and Recission of Current Rule: OSC Rule - 45-501 - Ontario Prospectus and Registration Exemptions

NOTICE OF REQUEST FOR COMMENTS
PROPOSED AMENDMENT AND RESTATEMENT OF
RULE 45-501 EXEMPT DISTRIBUTIONS,
COMPANION POLICY 45-501CP EXEMPT DISTRIBUTIONS,
FORM 45-501F1, FORM 45-501F2 AND FORM 45-501F3
AND
PROPOSED RESCISSION OF CURRENT RULE 45-501,
COMPANION POLICY 45-501CP,
FORM 45-501F1, FORM 45-501F2 AND FORM 45-501F3

Request for Public Comment

The Commission is publishing for a 90-day comment period the following materials in today's Bulletin:

proposed amended and restated Rule 45-501 - Exempt Distributions;

proposed amended and restated Companion Policy 45-501CP - Exempt Distributions; and

proposed amended and restated Forms 45-501F1, 45-501F2 and 45-501F3.

These materials are intended to replace the current Rule 45-501 - Exempt Distributions, the Companion Policy to current Rule 45-501 and the current Forms 45-501F1, F2 and F3, which came into effect in Ontario on November 30, 2001. We request comments on the proposed amendments by July 18, 2003.

These materials are published in Chapter 6 of the Bulletin.