July 14, 2008
NOTICE TO: MARKET PARTICIPANTS
Re: MSA Guideline – Intertie Conduct
On May 7, 2008 the MSA notified stakeholders that it had commenced a Stakeholder Consultation Process in relation to ‘Intertie Conduct in the Post Quick Hits World’. At that time the MSA published a ‘Strawdog’ draft upon which interested parties were invited to provide comment.
Based upon the feedback received on the ‘Strawdog’, on June 9, 2008 the MSA published a Draft Guideline, which was again made open for comment by interested parties. Comments were received from three parties during the comment period set out in the related Project Schedule, and posted on the MSA website in accordance with the Stakeholder Consultation Process.
Having considered the comments received from Stakeholders the MSA is now publishing a finalized version of the MSA Guideline – Intertie Conduct , as well as a formal response to the comments received (Appendix A to this Notice). After careful review of the comments the MSA has made no changes to the content of the Draft Guideline.
Market participants should be aware the new MSA Guideline - Intertie Conduct takes effect July 14, 2008. MSA Guidelines are archived on its website at http://www.albertamsa.ca/5.html.
This concludes this Stakeholder Consultation Process ‘Intertie Conduct in the Post Quick Hits World’. Since the rules around intertie activity may be subject to change over the coming months or years, the MSA will continue to review whether such changes warrant any revision to its Guideline.
Market participants are invited to contact the MSA with any specific concerns around inappropriate intertie conduct. The MSA also welcomes feedback regarding whether the Guideline is having a negative effect on the market, by unintentionally discouraging good conduct or otherwise. No other evaluation activities are scheduled for this Project.
We appreciate your participation in these matters.
“Original signed”W.W. (Wayne) Silk
Vice-President, Chief Operating Officer
Market Surveillance Administrator