The Ontario Securities Commission (OSC) will be holding a roundtable meeting later this fall to consider proposed changes to Canadian market structure.
Back in May, the Canadian Securities Administrators (CSA) published a set of proposed amendments to the trading rules, including the possible introduction of market share thresholds for order protection requirements, a pilot program prohibiting trading rebates, and a proposed methodology for reviewing data fees. The comment period for these proposals closes on Sept. 19.
Today, the commission announced that, after the close of the comment period, it intends to hold a roundtable to further discuss these issues. It says that the session will provide an opportunity to discuss the submissions made during the comment period, and to engage in an open discussion about the CSA’s proposals and the underlying issues it seeks to address; “in order to further dialogue with interested stakeholders regarding this important policy initiative.”
Those that want to participate in the roundtable, which will be held in the fall, must submit a comment letter in response to the proposed amendments. Additional details will be provided when available, including a list of parties who will participate, it says.