Regulatory Alerts2025-06-19
Regulation to amend Regulation 51-105 respecting Issuers Quoted in the U.S. Over-the-Counter Markets
The regulator amends Regulation 51-105 to update the definition of 'OTC issuer' by replacing references to the Canadian National Stock Exchange with the Canadian Securities Exchange and Aequitas NEO Exchange Inc. with Cboe Canada Inc. These textual changes align the regulatory framework with current market participants and exchange structures. The amended regulation comes into force on September 19, 2025, with a specific provision for Saskatchewan regarding delayed filing dates.
REGULATION TO AMEND REGULATION 51-105 RESPECTING ISSUERS QUOTED IN THE U.S. OVER-THE-COUNTER MARKETS Securities Act (chapter V-1.1, s. 331.1, par. (34))
- Section 1 of Regulation 51-105 respecting Issuers Quoted in the U.S. Over-theCounter Markets (chapter V-1.1, r. 24.1) is amended in paragraph (b) of the definition of “OTC issuer”: (1) by replacing “Canadian National Stock Exchange” in subparagraph (iii) by “Canadian Securities Exchange”; (2) by replacing “Aequitas NEO Exchange Inc.” in subparagraph (viii) by “Cboe Canada Inc.”. Effective Date
- (1) This Regulation comes into force on 19 September 2025. (2) In Saskatchewan, despite paragraph (1), if this Regulation is filed with the Registrar of Regulations after 19 September 2025, this Regulation comes into force on the day on which it is filed with the Registrar of Regulations.
Share