THE SECURITIES ACT | ) |
Order No. 4213 |
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Section 20 | ) |
July 10, 2003 |
SYSTEM FOR ELECTRONIC DISCLOSURE BY INSIDERS (SEDI)
REVOCATION OF TEMPORARY EXEMPTION FOR SEDI FILERS
WHEREAS:
(A) On February 6, 2002, The Manitoba Securities Commission (the "Commission") issued Order No. 3649 (the "SEDI Exemption Order") which exempted persons under Section 6.1(1) of MSC Rule 2001-17 from complying with the requirements of MSC Rule 2001-17 on certain conditions during the time SEDI was experiencing technical difficulties;
(B) SEDI is now operational and there is no longer any need to continue the SEDI Exemption Order;
(C) The Commission is of the opinion that it would not be prejudicial to the public interest to grant the order requested and that there is adequate justification for doing so:
IT IS ORDERED:
1. THAT, pursuant to Section 20(1) of the Act, Commission Order No. 3649, dated February 6, 2002 is revoked;
BY ORDER OF THE COMMISSION
Deputy Director - Legal