20 Queen St. W.
Box 55, Suite 1900
Toronto, ON M5H 3S8
|Commission des valeurs mobilières de l'Ontario
||FOR IMMEDIATE RELEASE
October 28, 2011
OSC Schedules Policy Hearing on the Maple Group Application
for December 1 & 2, 2011
TORONTO – The Ontario Securities Commission announced today that it has scheduled two days of public consultation on the Application by Maple Group Acquisition Corporation 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.
The Application raises significant public policy issues that impact the existing regulatory model and are important to investors, market participants and the capital markets.
The policy hearing will take place from 10:00 a.m. to 4:00 p.m. on December 1 & 2, 2011 on the 17th floor of the Commission’s offices, located at 20 Queen Street West, Toronto, Ontario.
At the policy hearing, the Commission will consider submissions related to the Notice issued by Staff on October 7, 2011, the Application, including various undertakings that Maple will be making as outlined in the Application, and all other issues relevant to the Application that fall within the Commission's mandate. These submissions will assist the Commission in determining whether to approve the acquisition by Maple of all the common shares of TMX Group, and in determining if the issuance of amended recognition orders to the TMX Group, TSX and CDS are in the public interest.
Interested parties wishing to participate in the policy hearing must first submit written comments by November 7, 2011. The Commission will issue a notice by November 21, 2011, with additional details, including the list of parties who have been asked by the Commission to participate in the policy hearing.
|For Media Inquiries: email@example.com||Wendy Dey
Director, Communications & Public Affairs
Manager, Public Affairs
Media Relations Specialist
|For Investor Inquiries:||OSC Contact Centre
1-877-785-1555 (Toll Free)