Notice of Commission Order – Application for Variation and Restatement of LCH's Interim Order – LCH.Clearnet Limited
On August 19, 2011, the Commission issued an order under section 144 of the Securities Act (Ontario) (Act) varying and restating the interim order exempting LCH under section 147 of the Act from the requirement in subsection 21.2(0.1) of the Act to be recognized as a clearing agency (Order). The Order extends LCH's interim exemption subject to additional terms and conditions.
LCH continues to be exempted from the recognition requirement until the earlier of (i) September 1, 2012, and (ii) the effective date of the Subsequent Order (as defined in the Order).
A copy of the Order is published in Chapter 2 of this Bulletin.