Perimeter Markets Inc. applied for exemptive relief from the requirement under National Instrument 21-101 to annually engage a qualified party to conduct an independent systems review.
The applicant operates an alternative trading system for over-the-counter fixed income securities with low transaction volumes.
The Ontario Securities Commission granted the relief for the years 2011 to 2013, subject to the condition that the applicant complete updated management reviews of its systems and controls similar in scope to an independent systems review and file written reports annually.
