Canadian registrants need to review their Canadian trades to
confirm whether or not they are required to make a filing under
new National Instrument 24-101, Institutional Trade
Matching and Settlement (the Instrument) by
February 14, 2008. Filing is required if
trades on Canadian stock exchanges and alternative trading
systems for the calendar quarter ended December 31, 2007 failed
to meet the initial trade matching thresholds as prescribed by
the Instrument. A new online reporting form became available on
February 1, 2008.
Commencing the fourth quarter of 2007, registered dealers
and advisers were required to establish, maintain and enforce
policies and procedures designed to match delivery against
payment or receipt against payment (DAP/RAP) by the end of the
day on which the trade was executed ("T").
Under the transition rules (the trigger for filing will vary
until the end of 2009), a registrant must complete and deliver
a report on Form 24-101F1, Registrant Exception Report of
DAP/RAP Trade Reporting and Matching (the Form), to the
applicable securities regulatory authorities no later
than February 14, 2008 if less than 80% of the DAP/RAP
trades (measured by volume or value) executed by the registrant
(if a dealer) or for the registrant (if an adviser) between
October 1 and December 31, 2007 have matched by noon on T+1 or
by noon on T+2 for a DAP/RAP trade resulting from an order to
buy or sell securities received from an institutional investor
whose investment decisions are communicated from outside the
Protocol for Online Electronic Delivery of Form
Effective February 1, 2008, as a registrant, you can
complete an electronic version of the Form and submit it
through the website of the CSA. When you submit the Form successfully,
a copy of the Form showing a submission number and a date and
time stamp will appear on your screen. The CSA requires that
you print this Form, have it signed by the director, officer or
partner submitting the Form, and keep the signed Form for your
The Law Society of British Columbia’s Cloud Computing Working Group issued its Final Report on Cloud Computing on January 27, 2012, amending an earlier consultation report approved by the "Benchers" on July 15, 2011.
New Toronto Stock Exchange (TSX) rules governing normal course issuer bids came into effect on June 1, 2007. The new TSX rules apply only to a normal course issuer bid that commenced after June 1, 2007.
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