Canada:
Amendments To Prospectus Rules Approved
20 May 2013
Stikeman Elliott LLP
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The Ontario Securities Commission
announced today that Ministerial approval has been
received with respect to the prospectus rule
amendments
released earlier this year that are intended
to clarify certain provisions, address gaps, streamline
requirements and codify prospectus relief that has been granted in
the past.
Amendments to the requirements and related forms respecting
scholarship plans, first announced in January, were also approved.
Most of the amendments come into force on May 14, 2013.
Those regarding scholarship plans come into force on May 31.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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