BCN 2009/33 - Notice of Technical Corrections to Amendments to National Instrument 23-101 Trading Rules [BCN - Lapsed]
- 23-101 - Trading Rules [NI Amendment Advance Notice - Lapsed]
- 23-101CP - Trading Rules [CP Amendment Advance Notice - Lapsed]
In the attached notice, the Canadian Securities Administrators (the CSA) announce the correction of a drafting error in the amendments to National Instrument 23-101 Trading Rules, and its related companion policy (NI 23-101 and 23-101CP). The implementation of NI 23-101, as corrected, is subject to ministerial consent.
The CSA intended to implement on January 28, 2010, a prohibition on intentionally locking or crossing a market. However, the version of NI 23-101 and 23-101CP the CSA published as advance notice on November 13, 2009, contained drafting that did not implement this intention. The correction addresses this drafting error.
December 17, 2009
Brenda M. Leong
BCN 2009/31 Advance notice of amendments to National Instruments 21-101 Marketplace Operation and 23-101 Trading Rules, and their companion policies
|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.|