There’s support for the CSA’s proposals, but criticism of regulators
TMX Group asked the regulators last week for more time to analyze and provide feedback on the plans
CSA to co-ordinate with U.S. regulator
Proposed pilot would examine the effects of a prohibition of rebate payments by Canadian marketplaces
Request follows recent a SEC decision which found that exchanges did not provide sufficient justification for their marketplace fees
PMAC wants CSA to leave pooled funds out of client-focused reforms
Companies are making unsubstantiated claims about their businesses and their profit prospects with an eye to boosting stock prices, regulators warn
Distribution of disclosure documents for ETFs begins in December
Stakeholders should consult with their local regulators
Industry group calls for joint CSA/SRO committee to receive feedback and guidance