OSC Notice of Approval - Significant Change to the Treatment of Weighted Closing Price Eligible Securities - Neo Exchange Inc.

 
In accordance with the Process for the Review and Approval of Rules and the Information Contained in Form 21-101F1 and the Exhibits Thereto, Neo Exchange Inc. ("NEO Exchange") has received approval to implement a significant change to its treatment of weighted closing price eligible securities from the Ontario Securities Commission.

On September 24, 2020, NEO Exchange published for comment a proposed Significant Change to publish, at the end of each trading day for each NEO-listed ETF, a zero-volume print at the Closing Price using a new cross type, "Closing Price Publication", attributed to the NEO Exchange.

Ten comment letters were received. A summary of the comments and NEO Exchange's response can be found at www.osc.gov.on.ca.

NEO intends to implement the Significant Change in Q1 of 2021.