Regulatory Alerts2023-06-09
Policy Statement to Regulation 13-103 Respecting System for Electronic Data Analysis and Retrieval + (SEDAR+)
The Canadian Securities Administrators issued this policy to provide guidance on the interpretation and application of Regulation 13-103 regarding the phased implementation of the SEDAR+ electronic filing system. The document outlines that Phase 1 primarily mandates issuers to file specific documents, such as exempt distribution reports and applications for exemptive relief, through SEDAR+, while other market participants continue using existing methods until future phases. It further clarifies operational details including fee payments, the effective time of filing, the validity of electronic copies, and procedures for managing document access and confidentiality.
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