Regulatory Alerts2021-05-20
Draft Amendments to Policy Statement 11-207 respecting Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions
The securities regulators amend Policy Statement 11-207 to update the definitions of annual and interim disclosure statements by referencing Regulation 51-102. The amendments revise Section 24 to expand the list of filings triggering cease trade orders to include annual disclosure statements, interim disclosure statements, annual information forms, and certificates under Regulation 52-109. Additionally, Section 25 is modified to require the inclusion of interim disclosure statements and annual disclosure statements in the calculation of outstanding filings for determining failure-to-file status.
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