The Canadian Securities Administrators (CSA) unveiled the name for the rebooted filing system it announced in the spring: SEDAR+.
Referred to as “the renewed system” until now, SEDAR+ will combine the CSA’s stand-alone filing systems, including SEDAR, SEDI, the National Registration Database (NRD), the national CTO database and its disciplined list.
A release says SEDAR is “Canada’s longest running and most well-known securities regulators’ national system,” which is why that name was kept. The addition of the plus sign “signifies our move to an up-to-date, integrated and comprehensive system that better serves all market participants and staff,” the CSA says.
The new system will be built in four phases beginning in 2021. Once complete, the release says, it will not only offer a one-stop portal for all filings but also greater access to regulatory filings, effective cybersecurity, a better interface and better-quality data.