21-501 - Recognition of exchanges, self regulatory bodies and jurisdictions [BCI - Rescinded]

BRITISH COLUMBIA SECURITIES COMMISSION

BC INSTRUMENT 21-501

The British Columbia Securities Commission, considering that to do so would not be prejudicial to the public interest, orders that, effective December 1, 2001:

1. the attached BC Instrument 21-501 "Recognition of exchanges, self regulatory bodies, and jurisdictions" is made; and
   
   
2. BC Instrument 21-501 "Recognition of exchanges, self regulatory bodies and jurisdictions", published on June 27, 2001 and effective June 29, 2001, is revoked.

November 1, 2001

Douglas M. Hyndman
Chair

(This part for administrative purposes only and is not part of the Order)

Authority under which Order is made:
Act and sections: - Securities Act, sections 1(1), 46(a)(ii), 59(2), 75(b)(i), 75(b)(ii), 98(1)(a), 98(1)(e)(ii), 99(e), 99(h)(iii)
Other (specify): - Securities Rules, sections 7 and 89(d)(ii); National Instruments 21-101 Marketplace Operation, 23-101 Trading Rules and 32-101 Small Securityholder Selling and Purchase Arrangements 

BC INSTRUMENT 21-501

Recognition of exchanges, self regulatory bodies, and jurisdictions (Previously BOR 91/6, BOR 22-501, LPS 21-601 and BCI 21-501 effective June 29, 2001)

Application

1. In this BC Instrument, the Commission recognizes exchanges, self regulatory bodies, and jurisdictions for the purposes of:
   
   · sections 1(1), 46(a)(ii), 59(2), 75(b)(i), 75(b)(ii), 98(1)(a), 98(1)(e)(ii), 99(e), and 99(h)(iii) of the Securities Act (the Act);
   · sections 7 and 89(d)(ii) of the Securities Rules (the Rules);
   · National Instrument 21-101 Marketplace Operation;
   · National Instrument 23-101 Trading Rules; and
   · National Instrument 32-101 Small Securityholder Selling and Purchase Arrangements.
   
   Recognition and designation of exchanges for various purposes
   
   
2. The Commission:
   
   (a) recognizes the Canadian Venture Exchange Inc. (CDNX) for the purpose of the definition of "exchange issuer" in section 1(1) of the Act,
   
   (b) recognizes the exchanges listed in Schedule A under section 59(2) of the Act,
   
   (c) recognizes CDNX, The Toronto Stock Exchange Inc. (TSE) and the Bourse de Montréal Inc. (BdM) for the purposes of sections 75(b)(i) and (ii), 98(1)(a), and 99(e) of the Act, and section 7 of the Rules,
   
   (d) recognizes CDNX for the purpose of section 89(d)(ii) of the Rules,
   
   (e) recognizes TSE and BdM for the purposes of National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules, and
   
   (f) designates CDNX as an exchange for the purpose of National Instrument 32-101 Small Securityholder Selling and Purchase Arrangements.
   
   Recognition of Jurisdictions
   
   
3. For the purpose of section 46(a)(ii) of the Act, the Commission recognizes:
   
   (a) the United States of America, its states and territories, the District of Columbia; and
   
   (b) the United Kingdom.
   
   

For the purposes of sections 98(1)(e)(iii) and 99(h)(iii) of the Act, the Commission recognizes:

(a) Alberta, Saskatchewan, Manitoba, Ontario, Québec, Nova Scotia, and Newfoundland;

(b) the United States of America, where the bid complies with, and is not exempt from, the requirements of the Securities Exchange Act of 1934 of the United States; and

(c) the United Kingdom of Great Britain and Northern Ireland, where the bid complies with, and is not exempt from, the requirements of the rules of The City Code on Take-overs and Mergers.

Schedule A - Exchanges recognized under section 59(2) of the Act

Australia

Australian Stock Exchange
Sydney Futures Exchange

Canada

BdM
Winnipeg Commodity Exchange

France

ParisBourseSBF

Germany/Switzerland

Eurex

Hong Kong

Hong Kong Futures Exchange

Japan

Osaka Securities Exchange
Tokyo Stock Exchange

Netherlands

AEX-Optiebeurs

Singapore

Singapore Exchange (SGX)

United Kingdom

International Petroleum Exchange of London (IPE)
London Futures and Options Exchange
London International Financial Future and Options Exchange (LIFFE)
London Metal Exchange (LME)

United States

American Stock Exchange
Chicago Board Options Exchange (CBOE)
Chicago Board of Trade (CBOT)
Chicago Mercantile Exchange (CME)
Chicago Rice and Cotton Exchange
Coffee, Sugar, Cocoa Exchange
Commodity Exchange (COMEX)
Finex
Kansas City Board of Trade
Mid-America Commodity Exchange
Minneapolis Grain Exchange (MGE)
New York Cotton Exchange
New York Futures Exchange (NYFE)
New York Mercantile Exchange (NYMEX/COMEX)
New York Stock Exchange
Pacific Exchange
Philadelphia Board of Trade