ASC provides update with respect to the review of the TMX/Maple transaction
CALGARY, May 14, 2012 /CNW/ - The Alberta Securities Commission (ASC) today published Staff Notice 21-702 related to the Maple Group Acquisition Corporation's proposed acquisition of TMX Group Inc., Alpha Trading Systems Limited Partnership, Alpha Trading Systems Inc., the Canadian Depository for Securities Limited and the CDS Clearing and Depository Services Inc.
ASC staff have outlined in the Notice that it has reviewed the Maple Group's proposal as it relates to the ASC's oversight of TSX, TSX Venture and NGX. Subject to the ASC's review of any further changes to the Maple Group's proposal, any changes to the recognition or exemption orders proposed by the Ontario and Quebec securities commissions, and a review of the British Columbia Securities Commission's proposed recognition and exemption orders, the ASC expects it will amend and restate the recognition orders in accordance with the Maple Group application.
A copy of the Notice is posted on the ASC website at www.albertasecurities.com.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
For Media Inquiries:
Mark Dickey
Senior Communications Advisor
403.297.4481
For Investor Inquiries:
ASC Public Inquiries
Toll Free 1.877.355.4488
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