Streamlined Requirements for Well Known Seasoned Issuers

December 20, 2023 by Public Affairs

The IIAC is supportive of the Canadian Securities’ Administrators (CSA) initiative to streamline the prospectus regime by introducing an automatic shelf prospectus for well-known, seasoned issuers but recommend, scaling back the “sanctions condition” so as not to disqualify otherwise deserving issuers, the definition of ‘qualifying public entity’ be revised so that only control persons are excluded, a 12-month reporting history as sufficient and no additional eligibility criteria be used. Click here for details.

Reset Forgotten Password

NOTE: Your username is your email address UNLESS you have changed it.