BCN 2009/30 - Notice and Request for Comments Proposed Amendments to National Instrument 24-101 Institutional Trade Matching and Settlement; Forms 24-101F1, 24-101F2 and 24-101F5; and Companion Policy 24-101CP Institutional Trade Matching and Settlement [BCN - Lapsed]
| Published Date: | 2009-10-30 |
|---|---|
| Rescinded Date: | 2012-07-13 |
| Related Document(s): |
Concurrently Published:
- 24-101 - Institutional Trade Matching and Settlement [NI Amendment Proposed - Lapsed]
- 24-101 - Institutional Trade Matching and Settlement [NI Blackline Amendment Proposed - Lapsed]
- 24-101CP - Institutional Trade Matching and Settlement [CP Amendment Proposed - Lapsed]
- 24-101CP - Institutional Trade Matching and Settlement [CP Blackline Amendment Proposed - Lapsed]
The attached CSA Notice requests comments on proposed amendments to National Instrument 24-101 Institutional Trade Matching and Settlement, its related forms and companion policy.
The proposed amendments extend the effective date for the requirement to match DAP/RAP trades no later than midnight on the trade date (T) from July 1, 2010 to July 1, 2015. The CSA also proposes, for a two-year transition period, that DAP/RAP trades be matched by 2:00 pm on the day following T (T + 1), instead of the current requirement to match by noon on T. Other proposed amendments would change documentation and exception reporting requirements and clarify certain provisions.
The comment period ends on January 28, 2010.
October 30, 2009
Brenda M. Leong
Chair
Ref:
| Ref: | National Instrument 24-101 Institutional Trade Matching and Settlement Companion Policy 24-101CP Institutional Trade Matching and Settlement |
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. | |