Securities Law

BCN 2006/26 - Temporary exemptions from information transparency and electronic document filing and transmission of record requirements in National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules [BCN - Lapsed]

Published Date: 2006-12-08
Rescinded Date: 2012-05-30
Document(s):

Concurrently Published:

The Commission is adopting BC Instrument 21-503 Exemptions under National Instrument 21-101 Marketplace Operation (NI 21-101) and National Instrument 23-101 Trading Rules (NI 23-101), effective January 1, 2007.

The Canadian Securities Administrators (CSA) are proposing amendments to NI 21-101 and NI 23-101. They extend information transparency relief in section 8.1 of NI 21-101 and electronic audit trail relief in section 11.2 of NI 23-101. The Commission has asked the Minister to consent to the proposed amendments. 

Until the Minister consents to the proposed amendments to NI 21-101 and NI 23-101, the BC Instrument provides interim relief from:

  • the information transparency requirements for marketplaces and inter-dealer bond brokers in section 8.1 of NI 21-101; and
  • the electronic record keeping requirements for dealers and inter-dealer bond brokers in section 11.2 (6) of NI 23-101. 

Questions
You may refer questions to:

Shamira Hussein
Senior Advisor
Capital Markets Regulation
British Columbia Securities Commission
(604) 899-6815
shussein@bcsc.bc.ca


December 8, 2006

 


Douglas M. Hyndman
Chair

Ref:  National Instrument 21-101 Marketplace Operation
National Instrument 23-101 Trading Rules
 

This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the section Securities Law & Policy: Policies & Instruments.