NIN 2000/41 - Streamlining - Elimination of Certain Notices and Interpretation Notes [NIN - Rescinded]

The Commission hears regularly from industry and its advisers that they find it increasingly difficult to keep abreast of new rules and policies. These market participants say their task would be eased if the addition of new regulatory instruments were offset by the elimination or simplification of old rules and policies that are outdated or of doubtful efficacy.

This criticism is fair. In response, the Commission has an objective in its strategic plan to review existing instruments to see if their continued existence is justified. A process has been established to meet this objective and the elimination of these 70 NINs is the first product of that process.

Most of the NINs being eliminated are no longer applicable. Some refer to matters that are not now topical. In the latter case, the elimination of the NIN does not necessarily mean that the Commission has changed its view on the matter, only that it is not of sufficient current interest to warrant Commission comment.

All documents listed in the Appendix will continue to be available in the Historical Documents Database at the Commission’s website (www.bcsc.bc.ca).

The review process continues and will result in more notices of this nature.


DATED at Vancouver, British Columbia, on September 27, 2000.



Brent W. Aitken
Commissioner

Ref: See Appendix A for relevant NINs

This NIN may refer to other documents. These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the Commission Documents database or Historical Documents database.