07/25/2024 | Press release | Distributed by Public on 07/25/2024 10:03
TORONTO - The Canadian Securities Administrators (CSA) today announced coordinated local blanket orders (the Blanket Orders) to provide temporary exemptions for obligations set out in National Instrument 93-101 Derivatives: Business Conduct (the Business Conduct Rule). The Blanket Orders temporarily exempt:
These orders come into effect on September 28, 2024, the same day as the Business Conduct Rule.
The Business Conduct Rule sets out a comprehensive regime for regulating the business conduct of dealers and advisers in the over-the-counter (OTC) derivatives market. The exemptions will:
The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
For investor inquiries, please contact your local securities regulator.
National Instrument 93-101 Derivatives: Business Conduct and Blanket Orders
Alberta, British Columbia, Manitoba, New Brunswick,Newfoundland and Labrador, Northwest Territories,Nova Scotia,Nunavut, Ontario,Prince Edward Island, Québec, Saskatchewan, Yukon