Resale of foreign securities would be simplified under CSA and OSC amendments
Deadline pushed back until July 28
The regulators’ proposals are intended primarily to address the concerns of foreign dealers and Canadian institutional investors
The results of the review of 65 small firms also provides additional guidance for these firms to meet their obligations
Despite alignment on several issues, best interest standard remains a key point of divergence
The transition to a shorter settlement cycle is consistent with the U.S.
The proposal of an explicit ban on binary options doesn’t imply that current offerings of binary options in Canada are legal, the CSA states
The Canadian Public Accountability Board has expressed concern regarding denied access to inspect audit work performed in a foreign jurisdiction
Rights-offering exemption is allowing issuers to raise more capital in a shorter time
The Quebec securities regulator will host a session to discuss the CSA’s consultation paper