CALGARY, May 13 /CNW/ - The Alberta Securities Commission (ASC) and
British Columbia Securities Commission (BCSC) have received amendment
applications from the TSX Venture Inc. (TSXV) and TSX Exchange Inc.
(TSX) to address changes resulting from the proposed merger of the
London Stock Exchange Group plc (LSEG) and TMX Inc. (TMX). To assist
in the joint review and consideration of the applications, the ASC and
BCSC are seeking comment from market participants in the venture
Specifically, the Commissions would like comment on the proposed
merger's impact on TSXV remaining an active and vibrant junior capital
market for investors and issuers in Alberta and British Columbia.
The Commissions jointly regulate the TSXV, Canada's national venture
issuer market and have both received an application to amend the TSXV's
recognition order. The Commissions both exempt the TSX from recognition
and have both received an application to amend those exemption orders.
The TSXV and TSX applications can be found on the ASC and BCSC
The applications are filed in conjunction with applications filed on
behalf of TMX Group and TSX with their recognizing regulator, the
Ontario Securities Commission (OSC), and the Bourse de Montréal with
its recognizing regulator, the Autorité des marchés financiers (AMF).
These applications can be found on the OSC and AMF websites.
To comment, please refer to the Joint ASC/BCSC Notice and Request for Comment document on the applications, which is available on the ASC and BCSC websites. The comment period is open until June 29, 2011.
The ASC is the regulatory agency responsible for administering the
province's securities laws. It is entrusted to foster a fair and
efficient capital market in Alberta and to protect investors. The BCSC
is the independent provincial government agency responsible for
regulating trading in securities within the province. As members of the
Canadian Securities Administrators, the ASC and BCSC work to improve,
coordinate and harmonize the regulation of Canada's capital markets
SOURCE Alberta Securities Commission
For further information:
| Richard Gilhooley |
British Columbia Securities Commission
| || || || || || Mark Dickey |
Alberta Securities Commission