Securities Law & Instruments

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OSC NOTICE 11-904

EXTENSION OF COMMENT PERIOD

On March 28, 2007, certain members of the Canadian Securities Administrators (passport members), other than the Ontario Securities Commission (OSC), published for comment a proposal for implementing the next phase of the passport system for securities regulation. The OSC published Notice 11-904 on the same day requesting comments on the proposal generally, and on an appropriate interface mechanism between the jurisdictions adopting the proposal and Ontario. Written submissions were invited until May 28, 2007.

In response to requests for more time to provide comment, the passport members have decided to extend the comment period until June 8, 2007. To ensure all commentators have adequate time to comment, the OSC will also invite comments until June 8, 2007.

May 30, 2007