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2023-03-23

Regulation to Amend National Instrument 55-102 Regarding SEDI and SEDAR+

The regulator amends National Instrument 55-102 to replace references to the legacy SEDAR system with the new SEDAR+ platform across definitions and forms. Specifically, the definition of a SEDI issuer is updated to align with Regulation 13-103, and all instances of SEDAR are substituted with SEDAR+ in Forms 55-102F1 and 55-102F3. These changes come into force on June 9, 2023, with a delayed effective date for Saskatchewan filings submitted after that date.

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Autorite des marches financiers Quebec

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REGULATION TO AMEND NATIONAL INSTRUMENT 55-102, SYSTEM FOR ELECTRONIC DISCLOSURE BY INSIDERS (SEDI) Securities Act (chapter V-1.1, s. 331.1, par. (1), (2) and (34))

  1. Section 1.1 of National Instrument 55-102, System for Electronic Disclosure by Insiders (SEDI) (chapter V-1.1, r. 30) is amended by replacing the definition of the expression “SEDAR issuer” by the following: ““SEDI issuer” means a reporting issuer, other than a mutual fund, that is required to comply with Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) (insert reference);”.
  2. Form 55-102F1 of the National Instrument is amended by replacing “SEDAR”, wherever it appears, by “SEDAR+”.
  3. Form 55-102F3 of the National Instrument is amended, in item 1: (1) by replacing “SEDAR”, wherever it appears, by “SEDAR+”; (2) by striking out the third sentence.
  4. Effective Date (1) This Regulation comes into force on 9 June 2023. (2) In Saskatchewan, despite paragraph (1), if this Regulation is filed with the Registrar of Regulations after 9 June 2023, this Regulation comes into force on the day on which it is filed with the Registrar of Regulations.
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