On December 22, 2006 the Director issued General Ruling Order 21-801 Exemptions under National Instrument 21-101 Marketplace Operations and National Instrument 23-101 Trading Rules (GRO 21-801). GRO 21-801 comes into force on January 1, 2007.

The Canadian Securities Administrators are proposing amendments to NI 21-101 and NI 23-101. The amendments extend information transparency relief in section 8.1 of NI 21-101 and electronic audit trail relief in section 11.2 of NI 23-101. The amendments will come into force in Ontario and other provinces and territories in Canada on January 1, 2007. The Commission has asked the Minister to approve the proposed amendments. However, it is not expected that the Minister will approve the amendments and they will come into force by January 1, 2007.

Therefore GRO 21-801 provides interim relief from:

1. • the information transparency requirements for marketplaces and inter-dealer bond brokers in section 8.1 of NI 21-101; and
2. • the electronic record keeping requirements for dealers and inter-dealer bond brokers in section 11.2(6) of NI 23.101

until the amendments come into force.

Dated December 22, 2006

Contact:

Dean Murrison
Deputy Director, Legal/Registration
(306) 787-5879