Industry

PDF Version
PDF Version

TSX INC.

AMENDMENT TO THE RULES OF

THE TORONTO STOCK EXCHANGE

REGARDING THE DELETION OF

RULE 4-804 -- MARKET MAKER AND

PRINCIPAL ACCOUNTS

NOTICE OF COMMISSION APPROVAL

The Ontario Securities Commission approved an amendment to the rules of the Toronto Stock Exchange regarding the deletion of Rule 4-804. This amendment removes the requirement that orders from a market maker account or a principal account that better the bid or ask must be at least the amount of the minimum guaranteed fill for that listed security. The proposed amendment was published for comment on September 22, 2006 at (2006) 29 OSCB 7682. A summary of the comments received and TSX Inc.'s response are published in Chapter 13.