Securities Law

BCN 2009/33 - Notice of Technical Corrections to Amendments to National Instrument 23-101 Trading Rules [BCN - Lapsed]

Published Date: 2009-12-18
Rescinded Date: 2012-07-13
Related Document(s):

Concurrently Published:

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
Chair

 

Ref:

BCN 2009/31 Advance notice of amendments to National Instruments 21-101 Marketplace Operation and 23-101 Trading Rules, and their companion policies

National Instrument 23-101 Trading Rules

Companion Policy 23-101CP 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.