In 2011, the CSA issued a staff notice in respect of blanket relief to exempt certain financial institutions from having to register in respect of trading in short-term debt. The parallel orders were set to expire on September 28, 2014. Recently, CSA members began issuing orders to extend the initial exemption, modified to reflect the terminology of National Instrument 25-101 Designated Rating Organizations, to December 31, 2014.
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CSA members extend registration exemption for trading in short-term debt
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