Notice of Commission Approval - IDA Amendments to IDA Policy 6, Part I (2A) regarding Late Completion Fees for the Qualifying Examination for the Chief Financial Officer (CFO) Position

THE INVESTMENT DEALERS ASSOCIATION

AMENDMENTS TO IDA POLICY 6, PART I (2A) REGARDING LATE COMPLETION FEES FOR THE QUALIFYING

EXAMINATION FOR THE CHIEF FINANCIAL OFFICER (CFO) POSITION

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved proposed amendments to IDA Policy 6 to impose fees for the late completion of the qualifying examination for the CFO position. In addition, the British Columbia Securities Commission did not object, and the Alberta Securities Commission and the Autorité des marchés financiers approved the proposed amendments. Their purpose is to provide an incentive for all registered CFOs to write and pass the CFO qualifying examination on a timely basis. A copy and description of the proposed amendments were published on April 29, 2005, at (2005) 28 OSCB 4156. No comments were received.