Chicago Mercantile Exchange applies for exemption from clearing agency recognition requirement

The Ontario Securities Commission announced today that Chicago Mercantile Exchange Inc. has applied for an exemption from the requirement to be recognized as a clearing agency on the basis that it is subject to an appropriate regulatory and oversight regime in its home jurisdiction. The OSC is thus publishing for comment a draft order that would provide such an exemption. The OSC's criteria for exemption from recognition are included as a schedule to the draft order and comments are being accepted until June 16, 2013.

Trackbacks (0) Links to blogs that reference this article Trackback URL
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.

Remember personal info?