The Canadian Securities Administrators has published a revised schedule for the rest of the year, which may affect issuers hoping to get filings submitted.

The schedule has been revised from the one originally published Feb. 20. The revisions reflect that the Saskatchewan Financial Services Commission will be closed Dec. 31 and open Jan. 3, 2005.

The CSA notice reports that under the mutual reliance review system for prospectuses, prospectus amendments, waiver applications, pre-filings, and initial and renewal annual information forms, the principal regulator will only issue a MRRS decision document evidencing the receipt of non-principal regulators that are open on the date of the MRRS decision. The principal regulator will issue a MRRS decision document evidencing the receipt of the remaining non-principal regulators on the next day that they are open.

“A dealer may only solicit expressions of interest in a non-principal jurisdiction after a receipt has been issued by that jurisdiction. In addition, an issuer may only distribute its securities in the non-principal jurisdiction at that time,” it notes, reminding issuers to take note of the schedule in structuring their affairs.