senior exchange company gen.

[drifting_along]

Подскажите, пожалуйста, что такое senior exchange company

Контекст (из брошюры по корпоративному управлению в Канаде):

Publicly traded companies must have a minimum of two non-management directors. ***Senior exchange companies*** must have an audit committee with a minimum of three independent directors (independence being a more difficult standard to meet than non-management).

Больше нигде в моем тексте этот термин не встречается

[johnstephenson]

I'm not a corporate affairs expert, but....

It may possibly be a Canadian term for 'an exchange company which has an audit committee with a minimum of three independent directors'.
http://www.mondaq.com/canada/x/108116/Corporate+Governance/Corporate+Governance+and+Directors+Duties+in+Canada > search for 'senior exchange' > click on 'Close Me' when the pop-up box appears.

I'm not sure what 'exchange company' means here, but could it perhaps mean a) a company listed on a stock exchange??? or b) a foreign exchange company??? These are just guesses, though. Check with others who know more about the subject.

[pborysich]

a) a company listed on a stock exchange +1

On a senior stock exchange (like TSE):

"... Given the proximity of our state to Canada and the level of commerce between Washington and Canada, proving an exemption for securities listed on the TSE, Canada's senior exchange, is appropriate provided that the exchange is operated and regulated in a manner that provides adequate investor protection... "
http://lawfilesext.leg.wa.gov/law/wsr/2003/23/03-23-103.htm