Regulatory Alerts2024-08-01
Regulation to Amend Regulation 51-105 Respecting Issuers Quoted in the U.S. Over-the-Counter Markets
The regulator amends the definition of 'OTC issuer' in Regulation 51-105 to replace references to the Canadian National Stock Exchange with the Canadian Securities Exchange and Aequitas NEO Exchange Inc. with Cboe Canada Inc. These textual updates align the regulatory framework with current market participants and exchange names. The regulation specifies that it comes into force on a designated date, with a specific provision for Saskatchewan regarding the filing date with the Registrar of Regulations.
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 (indicate here the date of coming into force of this Regulation). (2) In Saskatchewan, despite paragraph (1), if this Regulation is filed with the Registrar of Regulations after (indicate here the date of coming into force of this Regulation), this Regulation comes into force on the day on which it is filed with the Registrar of Regulations.
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