Trade Cancellations and Short Sale Ineligible Revocation for Nabis Holdings Inc. (CSENAB)

21-0022
Type: Rules Notice> Guidance Note
Rule connection:
UMIR
Distribute internally to:
Legal and Compliance
Trading

Contact:

Alex Taylor
Vice-President, Surveillance
Telephone:
Email:
Kevin McCoy
Vice-President, Market Policy and Trading Conduct Compliance
Telephone:
Email:

On February 3, 2021, consistent with published guidance1 , IIROC Market Integrity Officials ruled that all trades in Nabis Holdings Inc (CSE:NAB) between January 27, 2021 and February 2, 2021 inclusive would be cancelled.  IIROC took this action to protect market integrity. Please refer to the related announcement from the Canadian Securities Exchange (CSE).

  • 1see 12-0258 - Guidance on Regulatory Intervention for the Variation or Cancellation of Trades.

MFDA and IIROC have consolidated

As of January 1, 2023 the MFDA and IIROC have come together as New Self-Regulatory Organization of Canada (New SRO).

New SRO has assumed the regulatory responsibilities of the MFDA and IIROC.

We have set up an interim website for updates and information related to the New SRO including:

  • Executive Management
  • Governance
  • New SRO Rules
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Enforcement proceedings, membership lists, continuing education, investor education resources and any other information not set out above continue to reside on www.mfda.ca and www.iiroc.ca.