For Immediate Release
September 17, 2015

Canadian Securities Regulators Seek Comments on Enhancing Regulation and Transparency in the Fixed Income Market

Toronto – The Canadian Securities Administrators (CSA) today published for comment CSA Staff Notice 21-315 Next Steps in Regulation and Transparency of the Fixed Income Market, which describes the CSA’s plan to enhance fixed income regulation.

The Notice sets out the steps CSA staff are taking to improve market integrity, evaluate access to the fixed income market and facilitate more informed decision making among market participants.

“Ensuring fixed income data is available to regulators and enhancing corporate debt transparency are significant steps in modernizing the regulatory framework for the fixed income market,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers. “The CSA’s plan covers these key areas and lays the groundwork for future policy work.”

The CSA is working with the Investment Industry Regulatory Organization of Canada to implement the transparency proposal described in this notice and evaluate access to the fixed income market.

The CSA Staff Notice can be found on CSA members’ websites. The 45-day comment period will close on November 1, 2015.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

For more information:

Carolyn Shaw-Rimmington
Ontario Securities Commission

Mark Dickey
Alberta Securities Commission

Richard Gilhooley
British Columbia Securities Commission

Sylvain Théberge
Autorité des marchés financiers

Kevan Hannah
Manitoba Securities Commission

Andrew Nicholson
Financial and Consumer Services
Commission, New Brunswick

Tanya Wiltshire
Nova Scotia Securities Commission

Janice Callbeck
Office of the Superintendent
of Securities, P.E.I.

Don Boyles
Office of the Superintendent
of Securities
Newfoundland and Labrador

Rhonda Horte
Office of the Yukon Superintendent
of Securities

Shamus Armstrong
Nunavut Securities Office

Tom Hall
Northwest Territories
Securities Office

Noel Busse
Financial and Consumer Affairs
Authority of Saskatchewan