NOTICE OF MINISTERIAL APPROVAL OF AMENDMENTS TO
NATIONAL INSTRUMENT 24-102
CLEARING AGENCY REQUIREMENTS
The Minister of Finance recently approved, pursuant to section 143.3 of the Securities Act (Ontario), amendments made by the Ontario Securities Commission (OSC or the Commission) to National Instrument 24-102 Clearing Agency Requirements (the Rule Amendments). In connection with the Rule Amendments, the Commission also adopted changes to the related Companion Policy 24-102CP (the Policy Changes).
The Rule Amendments and Policy Changes were published in the OSC Bulletin at (2020), 43 OSCB 2627 and on the OSC website at https://www.osc.gov.on.ca/documents/en/Securities-Category2/ni_20200319_24-102_clearing-agency-requirements.pdf on March 19, 2020, and are reproduced in Chapter 5 of this Bulletin. The Rule Amendments and Policy Changes become effective on June 19, 2020.