Notice of Commission Approval – Variation and Restatement of Recognition Order – Investment Industry Regulatory Organization of Canada (IIROC)

On May 28, 2010, the Commission issued an order (Variation Order) pursuant to section 144 of the Securities Act (Ontario) and subsection 78(1) of the Commodity Futures Act (Ontario) varying and restating an order dated May 16, 2008 and effective June 1, 2008, recognizing IIROC as a self-regulatory organization. A copy of the Variation Order is published in Chapter 2 of this Bulletin.

The Variation Order revises section 4 of the terms and conditions of the recognition order to extend the time for IIROC to: (i) develop an integrated fee model for an additional year to June 1, 2011 and (ii) provide written, quarterly reports on the status of the development of the fee model for an additional year.