This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Toronto Stock Exchange And TSX Venture Exchange Seek Public Comment On Listing Guidelines For Emerging Market Issuers

Stocks in this article: X

TORONTO, Dec. 17, 2012 /CNW/ - Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today published a joint Consultation Paper on Emerging Market Issuers.  The Consultation Paper examines the risks associated with listings from emerging markets and solicits feedback on possible measures being considered to complement existing and well-established guidelines, rules and standards at TSX and TSXV.

Kevan Cowan, President, TSX Markets and Group Head of Equities, TMX Group, said:

"Our primary objective is to maintain and enhance our strong global reputation as an operator of quality exchanges.  As emerging economies expand and global capital flows increase, issuers from these markets will continue to seek a Canadian listing to help fund growth and innovation.  The integrity of our markets requires all issuers, regardless of their location, to adhere to the same high standards.  We are committed to working with issuers, securities regulators as well as a broad group of stakeholders who share a combined responsibility to promote integrity and investor confidence in Canadian markets."

The Consultation Paper was developed with extensive input received from market participants, listed issuers, advisors, other stakeholders and regulatory organizations.   It is intended to support work being conducted by regulatory organizations, the primary authorities overseeing reporting issuers, including the Ontario Securities Commission  Issuer Guide for Companies Operating in Emerging Markets (Staff Notice 51-720) published in November of this year.

Comments are being solicited in areas such as emerging market issuer management, corporate governance, financial reporting, internal controls, related party transactions and sponsorship requirements, among others.  The comment period will continue to February 28, 2013.

The Consultation Paper on Emerging Market Issuers can be found at: http://www.tmx.com/en/pdf/Joint-Consultation-Paper.pdf

For more information on the rules, regulations and procedures governing Toronto Stock Exchange issuers, please visit: http://www.tmx.com/en/listings/tsx_issuer_resources/index.html

For more information on the rules and regulations and procedures governing TSX Venture Exchange issuers, please visit: http://www.tmx.com/en/listings/venture_issuer_resources/index.html

About TMX Group (TSX:X) 

TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, Natural Gas Exchange, Boston

Options Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community.  TMX Group is headquartered in Toronto and operates offices across Canada ( Montreal, Calgary and Vancouver), in key U.S. markets ( New York, Houston, Boston and Chicago) as well as in London, Beijing and Sydney.  For more information about TMX Group, visit our website at www.tmx.com.  Follow TMX Group on Twitter at http://twitter.com/tmxgroup.

SOURCE TMX Group Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs