New regime consolidates the main requirements and exemptions in a single national instrument, except in Ontario
Comments from stakeholders due March 19
Regulator plans to conduct compliance review of corporate governance disclosure
Rules designed to improve corporate disclosure regarding risk, compensation and corporate governance matters
Protecting retail investors should be regulator’s top priority, Shapiro says
A number of issuers have been asked to improve their disclosure in future filings
Eight firms failed to meet minimum acceptable standards
Financial crisis has highlighted the critical role disclosure can play
Regulator focused on companies with high indebtedness or in the financial services sector
Even after years of discussion, much disagreement still reigns in the mutual funds sector, as well as among investor rights groups