Regulatory Alerts2022-04-07
Regulation to Amend Regulation 71-102 Respecting Continuous Disclosure and Other Exemptions Relating to Foreign Issuers
The regulator amends Regulation 71-102 to establish a new section 3.2.1 that permits foreign issuers to satisfy continuous disclosure obligations by issuing a news release on SEDAR announcing the availability of financial statements and MD&A. This provision requires issuers to provide free electronic or paper copies of these documents to security holders within ten calendar days of a request, provided the documents were filed within the preceding year. The amendment also updates cross-references in existing sections to include the new section 3.2.1 and standardizes terminology by replacing 'person or company' with 'person' throughout the specified sections.
Share