top of page
  • Writer's pictureDeborah

On December 8, 2022, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) published for comments Staff Notice 23 – 329 – Short Selling in Canada.


The Staff Notice revisits the current regulatory requirements and related initiatives with respect to short selling. Questions that should be considered by stakeholders touch various topics, including:

  • Tick test

  • Short selling and pre-borrow requirements

  • IIROC’s Extended Failed Trades requirements

  • Transparency of short selling positions

  • Buy-in and close-out requirements

Comments must be submitted in writing on or before March 8, 2023.



Recent Posts

See All

Product Corner - VAs : Quèsaco

Virtual Assets (VAs) or crypto assets refer to : “any digital representation of value that can be digitally traded, transferred or used for payment. It does not include digital representation of fiat

Upcoming Regulatory Deadlines to Watch

10 Aug 2023 - Deadline to submit comments to FCA Guidance Consultation (GC23/1) on crypto asset financial promotions. 5 Sep 2023 - Effective date of SEC Cybersecurity Risk Management, Strategy, Govern

Comments


bottom of page