Regulatory Alerts2021-05-20
Draft Regulation to amend Regulation 62-103 respecting the Early Warning System and Related Take-Over Bid and Insider Reporting Issues
The securities regulator amends Regulation 62-103 to align its terminology with Regulation 51-102 regarding continuous disclosure obligations. The changes insert a formal definition for "MD&A" into the Early Warning System provisions and update references to management discussion and analysis in Section 2.1. These amendments ensure consistency in reporting requirements for insider trading and take-over bids.
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