OSC Initiates Public Process on the Application by TMX Group Inc., TSX Inc. and London Stock Exchange Group

TORONTO – The Ontario Securities Commission (OSC) today published a Notice and Request for Comment on the Application related to the proposed merger of TMX Group Inc. and the London Stock Exchange Group (LSEG).

The Application raises significant public policy issues that are important to market participants and the Ontario capital market. The Commission is therefore seeking input on all aspects of the Application in determining whether it is in the public interest to make the requested orders approving the beneficial ownership by the LSEG of all the common shares of TMX Group and amending and restating the recognition order for TMX Group and TSX Inc.  

Following a 45-day comment period on the Application, the Commission will hold a Public Consultation, likely in mid to late July, 2011. The Consultation will be led by a panel of the Commission and will assist the Commission in reaching a determination on the Application. 

To comment, please refer to the Notice and Request for Comment on the Application, which is available on the OSC website at www.osc.ca. The comment period is open until June 29, 2011. 

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