Regulatory Alerts2021-08-05
Amendments to Policy Statement to Regulation 45-108 respecting Crowdfunding
The regulator amended Policy Statement to Regulation 45-108 respecting Crowdfunding to align with Regulation 52-112. The update requires issuers disclosing non-GAAP financial measures in crowdfunding offering documents to refer to the specific requirements set out in Regulation 52-112. This change ensures that crowdfunding disclosures regarding financial measures comply with established non-GAAP disclosure standards.
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