FAIR Canada Comments on the Joint CSA/IIROC Consultation Paper 21-402 Proposed Framework for Crypto-Asset Trading Platforms

FAIR Canada supports the proposed framework for the regulation of crypto-asst trading platforms as described in CP 21-402. The proposed framework is based on the existing regulatory framework applicable to marketplaces and incorporates relevant requirements for dealers facilitating trading or dealing in securities. FAIR Canada is supportive of the proposed framework to the extent that it thoroughly identifies risks and provides a robust framework of requirements that addresses the need for strict risk controls on markets in order to protect the the interests of investors in crypto assets.

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