The Canadian Securities Administrators has extended the comment period on the choice of an information processor.

On April 20, staff of the CSA published a notice summarizing the filings received from entities applying to be the information processor and the criteria to be used by the CSA in evaluating these filings. Comments on the notice were due June 4, but the CSA is extending the comment period until July 19.

Currently, CanPX Inc. is the approved information processor for corporate debt. There is no information processor for equity securities. However, order and trade information is provided to information vendors.

It has received six filings for the information processor job: Bourse de Montréal for fixed income and equity securities; CanPX for fixed income securities; CDS Inc. for fixed income and equity securities;Gmarkets Inc. for fixed income securities; TSX Inc. in conjunction with CanDeal.ca Inc. for fixed income securities; and, TSX for equity securities.