2020-02-13
The regulator issued a draft regulation to amend Regulation 45-108 respecting Crowdfunding by modifying Form 45-108F1. The amendment updates Schedule A to require issuers disclosing non-GAAP financial measures in crowdfunding offering documents to comply with Regulation 52-112. This change ensures that specific financial disclosures align with the requirements set out in the referenced non-GAAP disclosure regulation.
REGULATION TO AMEND REGULATION 45-108 RESPECTING CROWDFUNDING Securities Act (chapter V-1.1, s. 331.1, par. (1))