Danny's Government Delegates Provincial Registry to Toronto???

Are provincial jobs or control lost to Toronto too???

Here's the "Breaking News" from the Investment Dealers Association of Canada

Director, Registration BULLETIN #3677
October 3, 2007


Newfoundland and Labrador

The Investment Dealers Association of Canada (IDA) is pleased to announce that the Superintendent of Securities of Newfoundland and Labrador has delegated, effective October 1, 2007, the registration and renewals of Approved Persons and IDA Member firms to the IDA under the authority of Section 25.5(1) of the Securities Act.

The review of all submissions will be performed by IDA Staff in Toronto and upon completion of review; IDA staff will provide Members with a notice evidencing Registration under the Newfoundland and Labrador Securities Act and/or approval under the IDA By-laws and Regulations.

Applications and Notices for Individuals will continue to be filed via NRD.

Applications for registration of a member firm in Newfoundland and Labrador should be sent to the IDA’s Toronto Office, to the attention of the Manager, Registration.

Kenneth A. Nason

Association Secretary

So - I checked the other provinces and territories - they seem to have kept their registry control - what's up? Who made this decision? No News Release that I could find under the Government website...