Notice of Commission Order - Application for Exemptive Relief - ICE Futures Canada, Inc.
On September 25, 2012, the Commission issued an order to ICE Futures Canada, Inc. (ICE Futures Canada) exempting ICE Futures Canada from: (1) the requirement to be recognized as an exchange under section 21 of the Securities Act (Ontario); (2) the requirement to be registered as a commodity futures exchange under section 15 of the Commodity Futures Act (Ontario) (CFA); (3) the registration requirements of section 22 of the CFA with respect to trades in contracts on ICE Futures Canada by "hedgers", as defined in the CFA; and (4) the requirements of section 33 of the CFA for trades in contracts on ICE Futures Canada by registered futures commission merchants (FCMs) and any person or company who trades in a contract solely through an agent who is an FCM (the Order).
The Commission's Previous Order, Director's Exemption Order and the Director's Acceptance Order (as defined in the Order) were also revoked.
The Commission published ICE Futures Canada's application and draft exemption order for comment on June 28, 2012. No comments were received and no amendments were made to the draft exemption order published for comment.
A copy of the Order is published in Chapter 2 of this bulletin.