The Exempt Market Dealers Association of Canada will organize a series of town hall meetings to discuss a review of the exempt market by Canadian securities regulators.
The Canadian Securities Administrators announced last November they are reviewing whether certain classes of investors are suitable participants in the exempt market and are considering changing or even eliminating these exemptions
The EMDA, the national industry voice for exempt market dealers to securities regulators, government, and the capital markets, says “these changes could significantly affect individuals who purchase exempt market securities, dealers who sell them, and issuers who rely on them to raise capital.”
The CSA has invited public comments until February 29, and in preparing its comments to the CSA, the EMDA wants to hear from stakeholders. Meetings are planned for February 27 in Vancouver, February 28 in Calgary and March 1 in Halifax.
Interested parties can register on online for the free events at www.emdacanada.com.