Notice of Commission Approval - Rule 1-101 Definitions and Rule 11-102 Qualification for Alternative Market – CNSX Markets Inc.
On July 13, 2010, the Ontario Securities Commission approved proposed amendments to Rule 1-101 Definitions "Alternative Market security" and Rule 11-102 Qualification for Alternative Market (collectively, Amendments) that were published for comment May 14, 2010 at (2010) 33 OSCB 4522. No comments were received.
The substantive changes to the rules relating to Alternative Market security expand the range of securities that may be traded in the Alternative Market to all Canadian recognized stock exchanges, including CNSX Markets Inc. and clarify the requirements for qualification for the Alternative Market.