Securities Law & Instruments

Headnote

Amendment to interim order that a swap execution facility registered with the United States Commodity Futures Trading Commission is exempt from the requirement to register as an exchange in Ontario, to correct a typographical error.

Applicable Legislative Provisions

Securities Act, R.S.O. 1990, c. S.5, as am., s. 144.

IN THE MATTER OF
THE SECURITIES ACT,
R.S.O. 1990, CHAPTER S. 5, AS AMENDED
(THE ACT)

AND

IN THE MATTER OF
TW SEF LLC

ORDER
(Section 144 of the Act)

WHEREAS the Ontario Securities Commission (the "Commission") on October 1, 2013 issued an interim order exempting TW SEF LLC ("TW SEF") from the requirement to be recognized as an exchange under subsection 21(1) of the Act (the"Interim Order"); and

WHEREAS the Interim Order contained a typographical error requiring TW SEF to file an application for a subsequent order recognizing TW SEF as an exchange or exempting TW SEF from the recognition requirement ("Subsequent Order") by January 1, 2014;

WHEREAS it was intended that TW SEF be required to file an application for a Subsequent Order no later than January 31, 2014;

IT IS HEREBY ORDERED by the Commission that, pursuant to section 144 of the Act, the Interim Order is varied by replacing the reference to "January 1, 2014" with "January 31, 2014."

DATED: December 3, 2013.

"C. Wesley M. Scott"
 
"James D. Carnwath"