2 total
Exemptive relief granted to extend the deadline for filing a final prospectus.
TD Asset Management Inc. applied for exemptive relief under section 19.2 of National Instrument 41-101 to extend the 90-day deadline for filing a final prospectus for the TD Global Carbon Credit Index ETF.
The Director of the Ontario Securities Commission granted the exemption, permitting the final prospectus to be filed no later than August 31, 2022.
Application to vary 2001 order regarding employee trading accounts granted to reduce regulatory burden.
The applicant, Macquarie Capital Markets Canada Ltd., applied under section 144 of the Securities Act to vary a 2001 Commission order that required its officers and employees to carry their trading accounts with the firm.
The applicant submitted that it no longer deals with retail clients and that the regulatory environment has changed significantly.
The Commission found that removing the condition would not be prejudicial to the public interest, noting the importance of reducing regulatory burden and avoiding duplicative requirements.
The application was granted, subject to the applicant implementing new policies and procedures for account supervision.
