LGST 126 Lecture Notes - Lecture 3: British Columbia Securities Commission, Ontario Securities Commission, Tmx Group

• School: Capilano University
• Department: Legal Administrative Assistant
• Course: LGST 126
• Professor: Michael Molson

Document Summary

Stock exchanges: organizations/corporations that want to raise capital from the public can apply to list their securities for trading on an exchange, ex. recognition is really a form of approval or licensing: the commission has given the toronto stock exchange (tsx); the canadian national. Stock exchange (cnsx); nasdaq stock market; and the alpha exchange exemptions from recognition as exchanges: does not mean these exchanges are not regulated means they are regulated by a different securities regulator. Ex. the ontario securities commission: the commission currently recognizes the tsx venture exchange (tsx-v, tmx group. In canada the tmx group consists of: the toronto stock exchange inc. (tsx) for senior issuers, the tsx venture exchange inc. (tsx-v) for junior issuers. Is part of the tmx group creates a market for the securities of small capitalization companies wanting to raise capital. British columbia has an active venture capital market in mining, oil and riskier investments or companies at an early stage of development.