2026-04-23

CSA Notice of Publication: Regulation to amend Regulation 23-101 respecting Trading Rules

The Canadian Securities Administrators have finalized amendments to Regulation 23-101 to lower the active trading fee cap for U.S. inter-listed securities priced at CAD $1.00 or more to CAD $0.0017 per share. This change replaces the initially proposed CAD $0.0010 cap to better approximate the U.S. fee cap while accounting for foreign exchange rates and providing marketplaces greater flexibility. The amendments and accompanying policy statement changes are scheduled to come into force on November 2, 2026.

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Autorite des marches financiers Quebec

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