The Canadian Securities Administrators has issued a staff notice updating their frequently asked questions list regarding continuous disclosure obligations.
The CSA says that the list is not exhaustive, but does represent the types of inquiries it has received. It reports that the list has been compiled because new rules often create common queries from the industry, and the list is intended to give the industry further guidance beyond the rule itself and its companion policy.
The FAQ was first published March 26, revised April 23, and revised again June 18. The new national rule governing CD obligations took effect on March 30.