Notice of Commission Order – Application to Amend the Recognition Order of the Mutual Fund Dealers Association of Canada (MFDA)

On November 3, 2006, the Commission issued an order (Variation Order) pursuant to section 144 of the Securities Act (Ontario) to vary an order dated February 6, 2001, as amended March 30, 2004, recognizing the Mutual Fund Dealers Association of Canada (MFDA) as a self-regulatory organization for mutual fund dealers (Recognition Order).

The Variation Order extends the suspension of MFDA Rule 2.4.1 under Term and Condition 14 of Schedule A of the Recognition Order until December 31, 2008, and makes some additional minor amendments to that Term and Condition.

British Columbia, Nova Scotia and Saskatchewan have also made similar amendments to their recognition orders of the MFDA as a self-regulatory organization.

A copy of the Ontario Variation Order is published in Chapter 2 of this bulletin.