Notice of Variation Orders – TMX Group Limited, TSX Inc., Alpha Exchange Inc., Neo Exchange Inc., CNSX Markets Inc., and Nasdaq CXC Limited

 
On February 8, 2019, the Commission made orders under subsection 144(1) of the Securities Act (Ontario) varying the Commission’s orders recognizing TMX Group Limited, TSX Inc., Alpha Exchange Inc., Neo Exchange Inc., CNSX Markets Inc., and Nasdaq CXC Limited as exchanges.

The variation orders provide for the streamlining of certain reporting and other requirements applicable to recognized exchanges carrying on business in Ontario and reflect the Commission’s efforts to reduce regulatory burden for Ontario market participants.  There are ongoing consultations with Ontario market participants on ways to further reduce regulatory burden and improve the investor experience (see OSC Staff Notice 11-784: Burden Reduction). We continue to engage to identify opportunities to reduce regulatory burden while protecting investors and the integrity of Ontario’s capital markets.