Canadian securities regulators provide update on the consideration of trading fee rebate pilot study
16 Mar, 2018, 12:20 ET
TORONTO, March 16, 2018 /CNW/ - The Canadian Securities Administrators (CSA) today published CSA Staff Notice 23-322 Trading Fee Rebate Pilot Study. The notice sets out the CSA's next steps regarding the consideration of a pilot study that would examine the impacts of reducing marketplace trading fee rebate payments.
With the United States Securities and Exchange Commission's (SEC) recent announcement of a proposed pilot to study the impacts of transaction fees and rebates, the CSA is welcoming input or comments from stakeholders on the possibility of a similar study in Canada.
The notice provides background on factors that have led to the CSA's consideration of a test study, and the CSA will consider coordination with any SEC study, where appropriate.
Any Canadian proposal to introduce a pilot study will be published in a separate notice with request for comment.
The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
SOURCE Canadian Securities Administrators
For further information: Kristen Rose, Ontario Securities Commission, 416-593-2336; Hilary McMeekin, Alberta Securities Commission, 403-592-8186; Alison Walker, British Columbia Securities Commission, 604-899-6713; Sylvain Théberge, Autorité des marchés financiers, 514-940-2176; Jason (Jay) Booth, Manitoba Securities Commission, 204-945-1660; Andrew Nicholson, Financial and Consumer Services Commission, New Brunswick, 506-658-3021; David Harrison, Nova Scotia Securities Commission, 902 424-8586; Steve Dowling, Government of Prince Edward Island, Superintendent of Securities, 902-368-6288; John O'Brien, Office of the Superintendent of Securities, Newfoundland and Labrador, 709 729-4909; Rhonda Horte, Office of the Yukon Superintendent of Securities, 867-667-5466; Jeff Mason, Nunavut Securities Office, 867-975-6591; Tom Hall, Office of the Superintendent of Securities, Northwest Territories, 867-767-9305; Shannon McMillan, Financial and Consumer Affairs, Authority of Saskatchewan, 306-798-4160
Share this article