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.
For more information:
|
Kristen Rose |
Hilary McMeekin |
|
Alison Walker |
Sylvain Théberge |
|
Jason (Jay) Booth |
Andrew Nicholson |
|
David Harrison |
Steve Dowling |
|
John O’Brien |
Rhonda Horte |
|
Jeff Mason |
Tom Hall |
|
Shannon McMillan |
|