Notice of Commission Order – Application for Interim Exemptive Relief – LCH.Clearnet Limited

Market Regulation Document Type
LCH Limited orders

On March 1, 2011, the Commission granted LCH.Clearnet Limited (LCH) an interim exemption from the requirement in subsection 21.2(0.1) of the Securities Act (Ontario) (Act) to be recognized as a clearing agency. LCH is exempted from the requirement until the earlier of (i) September 1, 2011, and (ii) the effective date of the subsequent order by the Commission recognizing LCH as a clearing agency under subsection 21.2(0.1) of the Act or exempting it from the requirement to be recognized as a clearing agency under section 147 of the Act. The interim exemption order is subject to certain terms and conditions.

A copy of the interim exemption order is published in Chapter 2 of this Bulletin.