• About us
  • Overview
  • Governance and structure
  • Mission and roles
  • Committees
• Regulation
  • Regulatory amendments
  • Rules and policies
  • Procedures
  • Circulars
  • Disciplinary decisions
  • Futures contracts margin rates
• Complaints
  • Submitting a complaint
  • Complaint process
  • Complaint form
  • Gatekeeper form
• Disciplinary process
  • Procedure
• Approval
  • Becoming an approved participant
  • SAM authorized person
  • SAM courses
  • Application for transfer/change of status
  • Termination notice
  • Change of corporate status
  • Approved participants list
• LOPR
  • Large open position reporting
  • LOPR circulars
  • Technical notices
  • Technical documents
  • Position limits – Options
  • Position limits – Futures

Overview

The Regulatory Division carries on the regulatory functions for the Montréal Exchange's markets. The Exchange is recognized as a self-regulatory organization by the Autorité des marchés financiers (AMF).

Pursuant to the Exchange’s Recognition Order and to the Rules regarding the Regulatory Division, the Exchange must ensure that the Regulatory Division is provided with sufficient resources and funds. Furthermore, no regulatory fees, fines or penalties collected by or on behalf of the Regulatory Division may be distributed or transferred to the Exchange for commercial purposes or for payment of dividends.

The Division funds its programs and activities, including surveillance, investigations and examinations, through distinct regulatory fees assessed directly on approved participants of the Exchange. Regulatory fees collected are for the exclusive use of regulatory operations.

• Circulars
• Becoming an approved participant
• Regulatory fees (.pdf)
• Exchange’s recognition order (.pdf)
• Rules regarding the Regulatory Division (.pdf)