Friday April 19 2013
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Canada
Link: http://www.securities-administrators.ca/aboutcsa.aspx?id=1142
The Canadian Securities Administrators (CSA) have published for comment Consultation Paper 91-407 – Derivatives: Registration, which sets out the CSA’s recommendations on registration and regulation of market participants trading in derivatives.
This paper details recommendations on issues such as:
the activities that will trigger derivatives registration;the categories of derivatives registrants; andthe obligations of the derivatives registrants.
This consultation paper is part of a series of eight CSA papers developed to improve regulatory oversight of the OTC derivatives market in Canada. Market participants are invited to provide comments to this consultation paper by June 17, 2013. All responses received will be published on the Autorité des marchés financiers (www.lautorite.qc.ca) and the Ontario Securities Commission (www.osc.gov.on.ca) websites.
Click on the above link for more details.