OSC Publishes Recognition Orders for Maple Transaction
TORONTO, July 4, 2012 /CNW/ - The Ontario Securities Commission today published final orders that recognize Maple Group Acquisition Corporation, TMX Group Inc., TSX Inc., Alpha Trading Systems Limited Partnership and Alpha Exchange Inc. as exchanges, and also recognize Canadian Depository for Securities Ltd. and CDS Clearing and Depository Services Inc. (collectively, CDS) as clearing agencies. Both orders are subject to terms and conditions.
This follows an extensive review by the OSC of Maple's proposal to acquire TMX Group Inc., together with Alpha Trading Systems Limited Partnership, Alpha Trading Systems Inc., and CDS, focusing particularly on the impact of the proposal on the public interest. Throughout its review, the OSC has solicited input through two written comment periods and in-person policy hearings. This concludes the OSC's review of Maple's application for recognition and the final recognition orders outline the enhanced oversight program that the OSC has determined is necessary.
The recognition orders are available on the OSC website at www.osc.gov.on.ca
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