CDS, Canada's equities and fixed income clearing house, today announced the signing of a Memorandum of Understanding (MoU) with recognized Canadian equities exchanges outlining the parties' understanding of Canada's regulatory framework applicable to the rules and procedures and regulatory oversight of the exchanges and CDS. The MOU also follows discussions with the Canadian Securities Administrators (CSA), an umbrella organization of Canada's provincial and territorial securities regulators regarding the clearing of securities of issuers with marijuana-related activities in the United States.
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