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2021-08-05

Amendments to Policy Statement to Regulation 51-105 Respecting Issuers Quoted in the U.S. Over-the-Counter Markets

The regulator has amended Policy Statement to Regulation 51-105 to align it with Regulation 52-112 respecting Non-GAAP and Other Financial Measures Disclosure. This update adds a new subsection to the Regulations section explicitly referencing the disclosure requirements for non-GAAP financial measures. The change ensures that issuers quoted in U.S. over-the-counter markets adhere to the specified financial reporting standards.

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AMENDMENTS TO POLICY STATEMENT TO REGULATION 51-105 RESPECTING ISSUERS QUOTED IN THE U.S. OVER-THE-COUNTER MARKETS

  1. Section 5 of Policy Statement to Regulation 51-105 respecting Issuers Quoted in the U.S. Over-the-Counter Markets is amended by adding, under the heading “Regulations” and after paragraph (d) of the first paragraph, the following: “(e) Regulation 52-112 respecting Non-GAAP and Other Financial Measures Disclosure (insert reference) which sets out disclosure requirements for non-GAAP financial measures and certain other financial measures.”.
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