Regulators working with SROs to ensure that KYC and suitability obligations apply to all dealings in PPNs
The Canadian Securities Administrators is moving to adopt its proposed new disclosure certification rule.The CSA has published the final version of National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings, and, in Ontario, it has been sent to the finance minister for approval.The proposed rule requires an issuer’s CEO and CFO to […]
Regulators announce results of CD reviews for 2008
New phase of passport model will simplify regulatory processes, St-Gelais says
The Canadian Securities Administrators announced that its plan to update the rule requiring executives to certify their filings will take effect later this year.Among other things, the changes would not require executives of venture issuers to certify their internal controls. The CSA issued a notice today to update market participants on the status of this […]
Regulators prepared to recommend exemptive relief on a case by case basis
Changes come into force Sept. 12
Amendments will come into force Sept. 8
Russell tells Toronto audience the CSA is the place to start
Notice focuses on issuer disclosure