The Canadian Securities Administrators on Friday issued a notice to investors concerning principal-protected notes (PPNs). The notice spells out some of the features and risks associated with investing in PPNs, and highlights some of the fees that they may charge.“Your adviser may need to do research to identify the risks, to determine a realistic estimate […]
CSA will email a copy of the notice and survey to all public companies in Canada
As of July 1, reports will be available on SEDAR at the same time preliminary prospectus is made public
Amendment include references to Quebec and changes to filing deadlines
New regulation would consolidate and harmonize takeover and issuer bid regime across Canada
Prospectus exemption does not extend to optioned securities
Decision on TREATS coming in July
CSA to expand existing CEO/CFO certification
Changes designed to ensure timely settlement of institutional trades
New report outlines how Canadian Securities Administrators functions