Regulatory Alerts2020-02-13
Draft Amendments to Policy Statement to Regulation 51-105 Respecting Issuers Quoted in the U.S. Over-the-Counter Markets
Canadian securities regulators have amended Section 5 of the Policy Statement to Regulation 51-105 by adding a new paragraph that incorporates Regulation 52-112. This amendment formally references Regulation 52-112, which sets out specific disclosure requirements for non-GAAP and other financial measures. The change applies to issuers quoted in U.S. over-the-counter markets, ensuring their financial reporting aligns with Canadian disclosure standards.
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