Notice of Commission Approval - Amendment to the Rules of the Toronto Stock Exchange - Deletion of Rule 4-804 Market Maker and Principal Accounts - TSX Inc.
The Ontario Securities Commission approved an amendment to the rules of the Toronto Stock Exchange regarding the deletion of Rule 4-804. This amendment removes the requirement that orders from a market maker account or a principal account that better the bid or ask must be at least the amount of the minimum guaranteed fill for that listed security. The proposed amendment was published for comment on September 22, 2006 at (2006) 29 OSCB 7682. A summary of the comments received and TSX Inc.'s response are published in Chapter 13.