Housekeeping amendments to Investment Dealer and Partially Consolidated Rules regarding margin requirements for securities loan, repurchase agreements, and reverse repurchase agreements with term risk

Housekeeping amendments to Investment Dealer and Partially Consolidated Rules regarding margin requirements for securities loan, repurchase agreements, and reverse repurchase agreements with term risk
Notice of BCSC deemed non-objection to proposed housekeeping amendments to the New SRO’s Investment Dealer and Partially Consolidated Rule 5900
Board Resolution - Proposed Housekeeping Amendments to Investment Dealer and Partially Consolidated Rules Relating to Margin Requirements for Securities Loan, Repurchase Agreements, and Reverse Repurchase Agreements with Term Risk

This Notice announces the BCSC’s deemed non-objection to housekeeping amendments to the New SRO’s Investment Dealer and Partially Consolidated Rule 5900. The amendments correct an error in the plain language drafting of the term risk margin requirements on financing transactions. The Amendments have been classified as housekeeping and will be effective immediately.

Published: 2023-03-02