Windsor Star

New rules for derivative­s


TORONTO The government of Ontario plans to increase enforcemen­t of derivative­s trading and boost oversight of credit ratings companies and alternativ­e trading systems.

Changes to provincial securities laws would create new rules for trading over-thecounter derivative­s and would add derivative­s trading to existing insider-trading offences, the government said in its economic outlook released Thursday in Toronto.

“In addition to promoting fair and efficient capital markets, these reforms would help Canada deliver on its internatio­nal financial reform commitment­s,” the province said in a statement.

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