OSC STAFF NOTICE 21-710
TSX INSIDER TRADING REPORT
Staff received an Application from TSX Inc. (TSX) to revoke a 2006 Commission decision that requires the TSX to publicly disseminate an end-of-day insider trading marker report, commonly referred to as the “Insider Trading Report”. A similar request was filed with the BCSC and ASC for TSX-Venture exchange (TSX-V).
TSX applied to revoke the order because the Insider Trading Report is not representative of the whole market, there are concerns about its accuracy and there may be the ability to use it inappropriately.
On November 24, 2017, the Commission revoked its 2006 decision that mandates the TSX to produce and disseminate the Insider Trading Report. The Commission order is published in Chapter 2 of this Bulletin.
Questions regarding this notice may be directed to:
Legal Counsel, Market Regulation Branch
Ontario Securities Commission