Canadian Securities Regulators Finalize Rule Amendments to Reduce Regulatory Burden on Venture Issuers
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/09/15 -- The Canadian Securities Administrators (CSA) announced today the final implementation of amendments that will streamline and tailor disclosure by venture issuers. The amendments address continuous disclosure and governance obligations, as well as disclosure for prospectus offerings.
"These amendments have been tailored for venture issuers to focus disclosure on information that reflects the needs and expectations of investors," said Louis Morisset, CSA Chair and President and CEO the Autorite des marches financiers. "They alleviate the disclosure burden imposed on venture issuers without compromising investor protection."
Once in effect, the amendments will:
Provided all necessary Ministerial approvals are obtained, the amendments will come into force on June 30, 2015. A copy of the amendments can be found on CSA members'' websites.
The CSA, the council of the securities regulators of Canada''s provinces and territories, coordinates and harmonizes regulation for the Canadian capital markets.
Contacts:
Richard Gilhooley
British Columbia Securities Commission
604-899-6713
Mark Dickey
Alberta Securities Commission
403-297-4481
Carolyn Shaw-Rimmington
Ontario Securities Commission
416-593-2361
Sylvain Théberge
Autorité des marchés financiers
514-940-2176
Kevan Hannah
Manitoba Securities Commission
204-945-1513
Andrew Nicholson
Financial and Consumer Services Commission, New Brunswick
506-658-3021
Tanya Wiltshire
Nova Scotia Securities Commission
902-424-8586
Janice Callbeck
Office of the Superintendent of Securities
P.E.I.
902-368-6288
Don Boyles
Office of the Superintendent of Securities
Newfoundland and Labrador
709-729-4501
Rhonda Horte
Office of the Yukon Superintendent of Securities
867-667-5466
Louis Arki
Nunavut Securities Office
867-975-6587
Gary MacDougall
Northwest Territories
Securities Office
867-873-3318
Shannon McMillan
Financial and Consumer Affairs
Authority of Saskatchewan
306-798-4160
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Datum: 09.04.2015 - 09:00 Uhr
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News-ID 1350271
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