Ruling follows launch of proprietary fund categories
Amendments set out expectations regarding reporting of distributable cash, continuous disclosure
Comments due March 6
Ontario woman awarded $2,000
The Canadian Securities Administrators (CSA) is seeking comments on a proposed rule proposed aimed at providing market participants, including certain types of investments funds, with a seamless and transparent set of general prospectus requirements.Proposed National Instrument 41-101 General Prospectus Requirements is an effort to harmonize prospectus requirements across Canada.“The major achievement of this proposal is […]
New deadine is Dec. 31, 2011
The Canadian Securities Administrators have published a notice dealing with reporting issuer defaults.The regulators note that they have developed a harmonized list of deficiencies that will generally result in a reporting issuer being noted in default of the securities laws of a particular jurisdiction. The notice describes those various deficiencies. Certain regulators also maintain lists […]
The Canadian Securities Administrators have published a report reviewing their oversight of self-regulatory organizations. It makes a number of recommendations for improving self-regulation, and its oversight of SROs.The CSA SRO Oversight Project Committee focused on issues related to the current regulatory system and was not intended to be a broader review of self-regulation. It notes […]
Microcap stocks may trade on markets with few listing standards
Streamlined approach will simplify and clarify expectations for issuers