Completed projects

Alberta and Saskatchewan - Proposed Prospectus Exemption for Self-Certified Investors [Completed]
The proposed new prospectus exemption is designed to provide greater access to capital for Alberta and Saskatchewan businesses and broaden investment opportunities for Alberta and Saskatchewan investors.
Amendments to National Instrument 45-102, Resale of Securities [Completed]
The Canadian Securities Administrators published amendments to National Instrument 45-102, Resale of Securities.
Amendments to National Instrument 54-101: Proxy Voting Infrastructure [Completed]
The purpose of the project was to facilitate discussions among market participants regarding the integrity and reliability of Canada’s proxy voting infrastructure.
Amendments to National Instrument 41-101: General Prospectus Requirements – Summary Disclosure Document and Delivery Regime for Exchange-Traded Mutual Funds [Completed]
This project requires exchange-traded mutual funds (ETFs) to produce and file a summary disclosure document called “ETF Facts.”
Amendments to National Instrument 81-101: Mutual Fund Risk Classification Methodology [Completed]
This proposed risk classification methodology would be used by mutual fund managers in the fund facts document to make comparisons between mutual funds easier.
Amendments to National Instruments 81-102 and 81-104 relating to Alternative Mutual Funds [Completed]
The CSA published for comment proposed amendments to National Instrument 81-102, Investment Funds and National Instrument 81-101, Mutual Fund Prospectus Disclosure as part of the final phase of the CSA’s efforts to modernize the regulation of publicly offered investment funds.
Amendments to National Instrument 45-106: Prospectus Exemptions that would amend the Report of Exempt Distribution [Completed]
The proposed amendments are intended to address concerns raised by stakeholders about the certification and certain information requirements in the Form 45-106F1, Report of Exempt Distribution.
Amendments to National Instrument 45-106: Prospectus and Registration Exemptions – Start-up Crowdfunding Exemption [Completed]
The proposed exemptions would allow both reporting and non-reporting issuers to raise money by distributing securities through internet portals.
Amendments to National Instrument 45-106: Prospectus and Registration Exemptions - Exemption for Rights Offerings [Completed]
The proposed amendments would create a streamlined prospectus exemption for rights offerings by reporting issuers.
Amendments to National Instrument 45-108: ASC Crowdfunding Exemption [Completed]
The Alberta Securities Commission is moving forward with two initiatives designed to facilitate capital-raising for small and medium-sized enterprises while providing appropriate investor protection.
Amendments to Part IV and Part VI of the Toronto Stock Exchange Company Manual [Completed]
The Toronto Stock Exchange issued for comment proposed amendments to its Company Manual that would introduce a requirement that listed issuers maintain a publicly accessible website.
AMF Whistleblower Program [Completed]
On June 20, 2016, "The AMF" launched its Whistleblower Program, intended to better protect individuals who report wrongdoing and enable the AMF to gather information on offences committed under the laws and regulations it administers.
BCSC Consultation on Disclosure Requirements in National Instrument 58-101, Disclosure of Corporate Governance Practices relating to Women on Boards and in Executive Officer Positions [Completed]
The BCSC is consulting on disclosure requirements regarding the representation of women on boards and in executive officer positions in National Instrument 58-101, Disclosure of Corporate Governance Practices adopted in all CSA jurisdictions, except for BC and Prince Edward Island.
Changes to Custody and Other Requirements for Dealers, Advisers and Investment Fund Managers (Proposed amendments to NI 31-103 and NI 33-109 [Completed]
This project includes proposed amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations and National Instrument 33-109 Registration Information. The amendments include proposals to enhance custody requirements for certain registrants, clarify activities that may be conducted by exempt market dealers and incorporate relief from certain Client Relationship Model Phase 2 (CRM2) requirements into NI 31-103.
CSA - Potential oversight requirements for foreign audit firms [Completed]
This project discusses the challenges faced by the CPAB in accessing audit work performed in certain foreign jurisdictions and whether certain oversight requirements should be introduced for audits done by foreign firms.
CSA – Changes to auditor oversight rules for audit firms re CPAB access to working papers (Amendments to National Instrument 52-108) [Completed]
The objective of this project is to provide the Canadian Public Accountability Board with improved ability to perform audit inspections.
CSA – Initiatives to Reduce Regulatory Burden for Investment Funds (National Instruments 41-101, 81-101, 81-102, 81-106 and 81-107) [Completed]
The amendments implement eight initiatives to reduce regulatory burden for investment funds. The changes eliminate duplicative requirements, streamline regulatory approvals and processes, and codify frequently granted exemptions from certain requirements.
CSA – Proposal to harmonize the interpretation of the Primary Business Requirements [Completed]
CSA proposal to harmonize the interpretation of the primary business requirements
CSA – Proposed changes to the offering memorandum prospectus exemption (Amendments to National Instrument 45-106 "Prospectus Exemptions") [Completed]
The proposed amendments set out new disclosure requirements for issuers that are engaged in “real estate activities” or issuers that are “collective investment vehicles”.
CSA – Streamlined capital raising option for Canadian-listed issuers [Completed]
CSA proposed streamlined capital raising option for Canadian-listed issuers
CSA –Harmonized Rules for Securities Crowdfunding of Start-ups (National Instrument 45-110) [Completed]
The proposals represent harmonized rules for start-up securities crowdfunding that would become effective in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia
CSA Consultation Paper 52-404, Approach to Director and Audit Committee Member Independence [Completed]
The purpose of the CSA Consultation Paper 52-404 "Approach to Director and Audit Committee Member Independence" is to facilitate a broad discussion on the appropriateness of the CSA’s approach to determining director and audit committee member independence.
CSA Proposals to Reduce the Regulatory Burden for Non-Investment Fund Reporting Issuers [Completed]
This project identifies potential options for reducing the regulatory burden associated with capital raising in the public markets and the ongoing costs of remaining a reporting issuer.
National Instrument 52-112, Non-GAAP and Other Financial Measures Disclosure [Completed]
The Instrument provides authoritative Canadian securities legislative requirements for issuers when they disclose non-GAAP and other financial measures.
OSC Proposed Change to Policy 15-601, Whistleblower Program [Completed]
The OSC is proposing a change to the Policy to clarify that in-house counsel who report information under the Policy in breach of applicable provincial or territorial bar or law society rules or equivalent rules applicable in another jurisdiction will not be eligible for a whistleblower award.
OSFI Draft Guideline: Derivatives Sound Practices for Federally Regulated Private Pension Plans [Completed]
OSFI issued a revised draft derivatives guideline “Derivatives Sound Practices for Federally Regulated Private Pension Plans”. When finalized, the Draft Guideline will replace the 1997 guideline “Derivatives Best Practices” that first outlined expectations for federally regulated private pension plans with respect to derivative activities.
Proposed Changes to TSX Rules Governing Special Purpose Acquisition Corporations [Completed]
Proposed amendments to Part X — Special Purpose Acquisition Corporations of the TSX Company Manual.
Proposed New Multilateral Instrument 45-109, Prospectus Exemption for Start-up Businesses [Completed]
The Alberta Securities Commission and the Nunavut Securities Office published for comment Proposed Multilateral Instrument 45-109, Prospectus Exemption for Start-up Businesses, which sets out a proposed prospectus exemption to facilitate capital raising by start-up and early stage companies.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.