Alberta Securities Commission Publishes Notice Of Republication And Request For Comment Regarding Regulation Of Over-The-Counter Derivatives Transactions



On October 15, 2012, the Alberta Securities Commission (the “Commission”) issued a Notice of Republication and Request for Comment regarding proposed amendments to Alberta’s regulation of Over-the-Counter Derivatives Transactions (the “Notice of Republication and Request for Comment”) regarding proposed amendments to legislation under the Securities Act, R.S.A. 2000, and c S-4 (the “Act”) required to:

…enable the Commission to comply with the G20 Commitments in the interim while the Commission and the other CSA jurisdictions continue work to modernize the regulatory framework governing derivatives trades in Canada.

In September 2009 the G20 leaders on behalf of their nations, including Canada, met in Pittsburgh to examine the status of the financial market infrastructures that had failed or undergone significant stress in the years prior. Following this meeting, the G20 nations issued a communiqué and committed, in part, to the following...

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dentons | Attorney Advertising

Written by:


Dentons on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.