Securities Law

24-101F1 - Registrant Exception Report of DAP/RAP Trade Reporting and Matching [F - Rescinded]

Published Date: 2007-04-01
Effective Date: 2007-04-01
Rescinded Date: 2009-09-28
Document(s):

Concurrently Published:

CALENDAR QUARTER PERIOD COVERED:

From: _____________________ to: ___________________


REGISTRANT IDENTIFICATION AND CONTACT INFORMATION:

1. Full name of registrant (if sole proprietor, last, first and middle name):

2. Name(s) under which business is conducted, if different from item 1:

3. Address of registrant's principal place of business:

4. Mailing address, if different from business address:

5. Type of business:                          O   Dealer         O   Adviser 

6. Category of registration:

7. (a) Registrant NRD number: 
     (b) If the registrant is a participant of a clearing agency, the registrant's CUID number:

8.  Contact employee name:

      Telephone number:

      E mail address:

INSTRUCTIONS:

Deliver this form for both equity and debt DAP/RAP trades together with Exhibits A, B and C pursuant to section 4.1 of the Instrument, covering the calendar quarter indicated above, within 45 days of the end of the calendar quarter if

(a) less than 95 percent* of the equity and/or debt DAP/RAP trades executed by or for you during the quarter matched within the time** required in Part 3 of the Instrument, or

(b) the equity and/or debt DAP/RAP trades executed by or for you during the quarter that matched within the time** required in Part 3 of the Instrument represent less than 95 percent* of the aggregate value of the securities purchased and sold in those trades.

Transition

* For DAP/RAP trades executed during a transitional period after the Instrument comes into force and before January 1, 2010, this percentage will vary depending on when the trade was executed. See section 10.2(3) of the Instrument.

** The time set out in Part 3 of the Instrument is 11:59 p.m. on, as the case may be, T or T+1. For DAP/RAP trades executed during a transitional period after the Instrument comes into force and before July 1, 2008, this timeline is being phased in and is 12:00 p.m. (noon) on, as the case may be, T+1 or T+2.  See subsections 10.2(1) and (2) of the Instrument.

 


 

 

 

 

EXHIBITS:

Exhibit A - DAP/RAP trade statistics for the quarter

Complete Tables 1 and 2 below for each calendar quarter.

(1)  Equity DAP/RAP trades

Entered into CDS by deadline (to be completed by dealers only)Matched by deadline

 # of Trades

  % 

 $ Value of Trades

  % 

  # of Trades

  % 

 $ Value of Trades

  % 

        

 

 


(2)  Debt DAP/RAP trades

Entered into CDS by deadline (to be completed by dealers only)Matched by deadline

 # of Trades

  % 

 $ Value of Trades

  % 

  # of Trades

  % 

 $ Value of Trades

  % 

        

       

 

Exhibit B - Reasons for non-compliance

Describe the circumstances or underlying causes that resulted in or contributed to the failure to achieve the percentage target for matched equity and/or debt DAP/RAP trades within the maximum time prescribed by Part 3 of the Instrument. Reasons given could be one or more matters within your control or due to another trade-matching party or service provider. If you have insufficient information to determine the percentages, the reason for this should be provided. See also Companion Policy 24-101CP to the Instrument.

Exhibit C - Steps to address delays

Describe what specific steps you are taking to resolve delays in the equity and/or debt DAP/RAP trade reporting and matching process in the future. Indicate when each of these steps is expected to be implemented. The steps being taken could be internally focused, such as implementing a new system or procedure, or externally focused, such as meeting with a trade-matching party to determine what action should be taken by that party. If you have insufficient information to determine the percentages, the steps being taken to obtain this information should be provided. See also Companion Policy 24-101CP to the Instrument.

 


 
CERTIFICATE OF REGISTRANT

The undersigned certifies that the information given in this report on behalf of the registrant is true and correct.


DATED at _________________________ this ____ day of ______________  20___

_______________________________________________________
(Name of registrant   type or print)

______________________________________________________
(Name of director, officer or partner   type or print)

_______________________________________________________
(Signature of director, officer or partner)

_______________________________________________________
(Official capacity -  type or print)