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New Canadian Reporting Requirements For Canadian Private Placement Sales

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The Canadian Securities Administrators (CSA) recently announced amendments to the exempt distribution trade report requirements that are expected to come into force on June 30, 2016 (Amendments).

One benefit of the Amendments is that they will harmonize the trade reporting regime across Canada, as the reporting form (New Form) will replace the reporting form currently in use in all provinces and territories of Canada except British Columbia, as well as the alternate form currently prescribed for use only in the Province of British Columbia.

Read full article here.

Robert Lando and Lori Stein – Mondaq – April 15, 2016.

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