21-501 - Recognition of exchanges, self regulatory bodies, and jurisdictions [BCI - Rescinded]

Concurrently Published:

• BCN 2008/07 - Adoption of Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids, related forms and National Policy 62-203 Take-Over Bids and Issuer Bids and related consequential amendments [BCN - Lapsed]

The British Columbia Securities Commission, considering that do so would not be prejudicial to the public interest, orders that, effective February 1, 2008:

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 and effective November 16, 2007, is revoked.

January 29, 2008

Douglas M. Hyndman
Chair

________________________________________________________
(This part is 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)
Other (specify):- Securities Rules, section 89(d)(ii); National Instruments 21-101 Marketplace Operations and 23-101 Trading Rules

 
BC Instrument 21-501

Recognition of exchanges, self regulatory bodies, and jurisdictions

Application

1. In this BC Instrument, the Commission recognizes exchanges, self regulatory bodies, and jurisdictions for the purposes of:

• (a) sections 1(1), 46(a)(ii), 59(2), 75(b)(i), and 75(b)(ii) of the Securities Act (the Act);
  
• (b)  section 89(d)(ii) of the Securities Rules (the Rules);
  
• (c)   National Instrument 21-101 Marketplace Operation; and
  
• (d)  National Instrument 23-101 Trading Rules.

Recognition and designation of exchanges for various purposes

2. The Commission:

• (a)   recognizes the TSX Venture Exchange (TSX Venture) 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 the TSX Venture, the Toronto Stock Exchange Inc. (TSX) and the Bourse de Montréal Inc. (BdM) for the purposes of sections 75(b)(i) and (ii) of the Act,
  
• (d)   recognizes the TSX Venture for the purpose of section 89(d)(ii) of the Rules, and
  
• (e)   recognizes the TSX and the BdM for the purpose of National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules.

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.

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

Australia
Australian Stock Exchange
(including Sydney Futures Exchange)

Canada
BdM
Winnipeg Commodity Exchange

Europe
Euronext.liffe

Germany/Switzerland
Eurex

Hong Kong
Hong Kong Exchanges and Clearing Limited

Japan
Osaka Securities Exchange
Tokyo Stock Exchange
Tokyo Financial Exchange Inc (TFX)

Singapore
Singapore Exchange Limited (SGX)

South Africa
SAFEX

United Kingdom
ICE Futures
Euronext.liffe
London Metal Exchange (LME)

United States
American Stock Exchange
Boston Stock Exchange (BSE) and its facility, the Boston Options Exchange (BOX)
CBOE Futures Exchange, LLC (CFE)
Chicago Board Options Exchange (CBOE)
Chicago Board of Trade (CBOT)
Chicago Mercantile Exchange (CME)
International Securities Exchange (ISE)
Kansas City Board of Trade (KCBT)
Merchants' Exchange of St. Louis
Minneapolis Grain Exchange (MGE)
New York Board of Trade and its divisions

• the New York Cotton Exchange (NYCE)
• the Coffee, Sugar & Cocoa Exchange (CSCE)
• the New York Futures Exchange (NYFE)
• FINEX

New York Mercantile Exchange (NYMEX/COMEX)
New York Stock Exchange
OneChicago (OCX)
NYSE Arca, Inc
Philadelphia Board of Trade
Philadelphia Stock Exchang
The Island Futures Exchange (IFLX)