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

The Secured Overnight Financing Rate (SOFR) is a broad measure of the cost of borrowing cash overnight collateralized by Treasury securities. SOFR is the overnight interest rate for US dollar-denomina

13/06/2023 - Canadian Securities Administrators (CSA) SEDAR+ go-live date. All issuer filings, cease trade orders and disciplined list entries will be filed in SEDAR+ 16/06/2023 - OSFI consultation pe

On May 11, the Bank for International Settlements (BIS) published a Handbook on how central bank digital currencies (CBDCs) could work for offline payments, defined as a “transfer of value between dev

bottom of page