Securities Law

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- Exemptions under National Instrument 21-101 Marketplace Operation and National Instrument 23-101 Trading Rules [BCI - Rescinded]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Rescinded Date: 2007-03-01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):

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.