Regulatory Alerts2021-10-07
Regulation to Amend Regulation 41-101 Respecting General Prospectus Requirements
The regulator amends Regulation 41-101 to define the statutory right of action for prospectus liability in British Columbia and Saskatchewan. The amendment specifies that section 135 of the British Columbia Securities Act applies in that province, while section 141 of The Securities Act, 1988 applies in Saskatchewan. These changes come into force on January 5, 2022, with a delayed effective date for Saskatchewan if filed after that date.
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