OSC Staff Seek Input on New Exchange Proposed by Aequitas Innovations Inc.

TORONTO, Aug. 13, 2013 /CNW/ - Staff of the Ontario Securities Commission (Staff) today published a Notice and Request for Comment regarding the pre-filing by Aequitas Innovations Inc. to establish a new equities exchange in Canada.  Aequitas is proposing to operate an exchange to trade securities of issuers listed on Aequitas as well as securities listed on other recognized exchanges in Canada.

Staff are seeking comment at this time on specific aspects of the Aequitas proposal which have been filed as part of a pre-filing.  Staff are requesting comment to help further inform staff and gather any new information and input from stakeholders in advance of any filing by Aequitas of an application for recognition as an exchange. In order to receive recognition to operate as an exchange, Aequitas would be required to first file an application with the Commission, for which there would be an additional public comment period.

To comment, please refer to the Notice and Request for Comment, which is available on the OSC website at www.osc.gov.on.ca. The comment period is open until September 27, 2013.

SOURCE: Ontario Securities Commission