Directives de la Commission des valeurs mobilières de l’Ontario concernant l’interruption du service postal

First Trust AlphaDEX™ U.S. Financial Sector Index ETF et al. - s. 1.1

le 22 octobre 2014

Order

Headnote

Certain mutual funds designated as exchange-traded funds for the purposes of OSC Rule 48-501.

Rules Cited

Ontario Securities Commission Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions, s. 1.1.

IN THE MATTER OF ONTARIO SECURITIES COMMISSION RULE 48-501 -- TRADING DURING DISTRIBUTIONS, FORMAL BIDS AND SHARE EXCHANGE TRANSACTIONS (Rule) AND IN THE MATTER OF FIRST TRUST ALPHADEX^TM U.S. FINANCIAL SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. ENERGY SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. CONSUMER DISCRETIONARY SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. CONSUMER STAPLES SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. HEALTH CARE SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. MATERIALS SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. INDUSTRIALS SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. TECHNOLOGY SECTOR INDEX ETF, FIRST TRUST ALPHADEX^TM U.S. UTILITIES SECTOR INDEX ETF (the Funds)

DESIGNATION ORDER (Section 1.1)
WHEREAS each of the Funds is or will be listed on the Toronto Stock Exchange;

AND WHEREAS under the Universal Market Integrity Rules (UMIR), each Fund is considered an Exempt Exchange-traded Fund that is not subject to prohibitions related to trading during certain securities transactions;

AND WHEREAS the definition of "exchange-traded fund" in the Rule is substantially similar to the definition of Exempt Exchange-traded Fund in UMIR, and the purpose of the Rule and UMIR are substantially similar;

THE DIRECTOR HEREBY DESIGNATES each of the Funds as an exchange-traded fund for the purposes of the Rule.

DATED October 22, 2014

"Susan Greenglass"

Director, Market Regulation