Canadian securities regulators seek comment in advance of move to T+2 settlement cycle
The Canadian Securities Administrators (CSA) has published proposed amendments to National Instrument 24-101 Institutional Trade Matching and Settlement in addition to CSA Consultation Paper 24-402 Policy Considerations for Enhancing Settlement Discipline in a T+2 Settlement Cycle Environment. The comment period is open until November 16, 2016. Amendments to the National Instrument are being proposed as part…
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