21-503 - Exemptions under National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules [BCI - Rescinded]
| Published Date: | 2006-12-08 |
|---|---|
| Effective Date: | 2007-01-01 |
| Rescinded Date: | 2007-03-01 |
| Document(s): |
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Concurrently Published:
British Columbia Securities Commission
BC Instrument 21-503
The British Columbia Securities Commission, having considered that to do so would not be prejudicial to the public interest, orders that the attached BC Instrument 21-503 entitled "Exemptions under National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules" is made.
December 8, 2006
Douglas M. Hyndman
Chair
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(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 184(1) and 184(2)(c)
Other (specify): National Instrument 21-101 Marketplace Operation, section 15.1
National Instrument 23-101 Trading Rules, section 12.1
BC Instrument 21-503
Exemptions under National Instrument 21-101 Marketplace Operation
and National Instrument 23-101 Trading Rules
Order under Sections 184(1) and 184(2)(c) of the Securities Act, Section 15.1 of National Instrument 21-101, and Section 12.1 of National Instrument 23-101
Interpretation
1. All terms defined in the Securities Act, the Securities Rules, National Instrument 14-101 Definitions, National Instrument 21-101 Marketplace Operation (NI 21-101) or National Instrument 23-101 Trading Rules (NI 23-101), have the same meanings in this Instrument.
NI 21-101 Marketplace Operation
2. The requirements for marketplaces and inter-dealer bond brokers in section 8.1 of NI 21-101 do not apply.
NI 23-101 Trading Rules
3. The deadline for complying with the transmittal of order information requirements in subsection 11.2(5) of NI 23-101 for dealers and inter dealer bond brokers does not apply.
4. The electronic audit trail requirements for dealers and inter-dealer bond brokers in subsection 11.2(6) of NI 23-101 do not apply.
Effective date
5. This instrument is effective January 1, 2007.