Canadian securities regulators provide update on the consideration of trading fee rebate pilot study

2018/17
March 16, 2018

Toronto - The Canadian Securities Administrators (CSA) today published CSA Staff Notice 23-322 Trading Fee Rebate Pilot Study. The notice sets out the CSA's next steps regarding the consideration of a pilot study that would examine the impacts of reducing marketplace trading fee rebate payments.

With the United States Securities and Exchange Commission's (SEC) recent announcement of a proposed pilot to study the impacts of transaction fees and rebates, the CSA is welcoming input or comments from stakeholders on the possibility of a similar study in Canada.

The notice provides background on factors that have led to the CSA's consideration of a test study, and the CSA will consider coordination with any SEC study, where appropriate.

Any Canadian proposal to introduce a pilot study will be published in a separate notice with request for comment.

The CSA, the council of the securities regulators of Canada's provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

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For more information: 
 
Kristen Rose
Ontario Securities Commission
416-593-2336 

 
Hilary McMeekin
Alberta Securities Commission
403-592-8186

 
Alison Walker
British Columbia Securities Commission
604-899-6713

Sylvain Théberge
Autorité des marchés financiers
514-940-2176 


Jason (Jay) Booth
Manitoba Securities Commission
204-945-1660


Erin King
Financial and Consumer Services 
Commission, New Brunswick
506-643-7045

David Harrison
Nova Scotia Securities Commission 
902-424-8586

 
Steve Dowling
Government of Prince Edward Island, 
Superintendent of Securities
902-368-6288
 
John O'Brien
Office of the Superintendent of Securities 
Newfoundland and Labrador
709-729-4909
 
Rhonda Horte
Office of the Yukon Superintendent of 
Securities
867-667-5466

 
Jeff Mason
Nunavut Securities Office
867-975-6591

 
Tom Hall
Office of the Superintendent of Securities
Northwest Territories
867-767-9305
Shannon McMillan
Financial and Consumer Affairs
Authority of Saskatchewan
306-798-4160

 


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