Regulatory Alerts2023-06-01
Policy Statement to Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+)
The Canadian Securities Administrators issued this policy statement to provide guidance on the interpretation and application of Regulation 13-103 regarding the phased implementation of the SEDAR+ electronic filing system. The document outlines that Phase 1 mandates issuers to file specific documents, such as exempt distribution reports and applications for exemptions, through SEDAR+, while other filers like insiders may continue using existing methods until future phases. It further clarifies operational details including fee payments, jurisdictional significant connection rules, the legal validity of electronic transmissions, and procedures for managing document access status and confidentiality requests.
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