Thursday July 20 2017
News Source: Global Exchanges
Focus: Trading Rules
Type: Correspondence with Exchange
Country: Canada
TSX Venture Exchange Inc. has adopted, and the Alberta Securities Commission and British Columbia Securities Commission have approved, amendments (the Amendments) to the TSX Venture Exchange Rule Book. The Amendments are non-public interest amendments and are not to be considered a significant regulatory instrument.
Reasons for the Amendments
The Amendments are being made to (i) conform to applicable amendments being made by CDS Clearing and Depository Services Inc. (CDS) to move to a cycle where settlement occurs two trading days after the trade date (“T+2”), and (ii) fix typographical errors.
Summary of the Amendments
Rule A1.01 section (c)(i) of the definition of “Special Terms Order”, Rule C.2.17(1), and Rule C.3.05(2) are being amended to conform to applicable amendments being made by CDS to move to T+2.
Rule D.4.05 is being amended to fix typographical errors.
The Amendments become effective September 5th, 2017.
Please click on the above link for more information.