News & Events

News Release

Ontario Securities
Commission


20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
Commission des valeurs mobilières de l'Ontario
FOR IMMEDIATE RELEASE

October 7, 2011


OSC Seeks Input on Application by Maple Group Acquisition Corporation


TORONTO – The Ontario Securities Commission (OSC) today published a Notice and Request for Comment on the Application by Maple Group Acquisition Corporation, a consortium of Canadian investment dealers, pension funds and other institutional investors, to acquire TMX Group Inc., Alpha Trading Systems Limited Partnership, Alpha Trading Systems Inc., The Canadian Depository for Securities Limited and, indirectly, CDS Clearing and Depository Services Inc.

Maple is proposing to create an integrated group of businesses that provide trading, clearing, settlement and depository services for a broad array of financial instruments traded in Canada. This Proposal raises a number of complex and novel issues for the capital markets. As such, the OSC is seeking public comment in order to gather information that will assist in evaluating whether the Proposal is in the public interest.

The Proposal is out for a 30-day comment period, after which time the OSC will hold an in-person consultation (policy hearing) to give members of the public who have submitted written comments an opportunity to provide their views to the Commission in person. Details regarding the policy hearing will be provided shortly.

To comment, please refer to the Notice and Request for Comment on the Application, which is available on the OSC website at www.osc.gov.on.ca. The comment period is open until November 7, 2011.

 

 


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For Media Inquiries: media_inquiries@osc.gov.on.ca     Wendy Dey
Director, Communications & Public Affairs
416-593-8120

Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361

Dylan Rae
Media Relations Specialist
416-595-8934

For Investor Inquiries:     OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)