Designated benchmarks and benchmark administrators

Under the Securities Act (Ontario) and the Commodity Futures Act (Ontario), the OSC has the authority to designate benchmarks and benchmark administrators. A designated benchmark administrator is required to comply with the applicable provisions of Multilateral Instrument 25-102 Designated Benchmarks and Benchmark Administrators and Ontario Securities Commission Rule 25-501 (Commodity Futures Act) Designated Benchmarks and Benchmark Administrators in respect of any designated benchmark that it administers.