2025-03-03
The Quebec regulatory Authority issued this regulation to establish binding rules for public securities distributions, prospectus filings, and ongoing disclosure obligations. It defines qualifying "gilt-edged securities," mandates structured prospectus disclosures and financial statements, and requires issuers to file distribution reports within fifteen working days. The framework further outlines prospectus exemptions, continuous reporting for medium-term notes programs, and discretionary designation powers to safeguard investor interests across Quebec markets.