Submissions to Government

AMF Submission – Chief Compliance Officer Qualifications for Derivative Portfolio

Thank you again for providing an opportunity for members of the Investment Counsel Association ofCanada (“ICAC”) to meet with you to discuss our concerns regarding the January 8, 2010 edition of theBulletin de l’Autorité which outlines the new educational proficiency requirements that will be imposedon chief compliance officers (“CCOs”) pursuant to section 11.13 (“section 11.13”) of the Regulationunder the Derivatives Act (Quebec) (the “Derivatives Act”)

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