CSA propose extension of passport system
The Canadian Securities Administrators (other than the OSC) today released proposed amendments to Multilateral Instrument 11-102 Passport System in order to extend the passport system to appropriate provisions proposed for NI 21-101 Marketplace Operations and to certain new provisions of NI 23-103 Electronic Trading and Direct Electronic Access to Marketplaces. According to the CSA, the amendments are intended to "maintain the effectiveness of the passport system." Comments on the proposals are being accepted until October 20.
