The Canadian Securities Administrators today announced that the exemption from transparency requirements for government debt securities will be extended until January 1, 2018. The exemption had been set to expire at the end of this year.

As we discussed earlier this year, the CSA proposed amending NI 21-101 to extend the exemption, along with a number of other proposed changes to marketplace operations and trading rules, in April. The CSA intend to review and proceed with the other proposed amendments on a separate timetable.