TSX Updates Exemptions for Interlisted Issuers
Effective September 10, 2015, the TSX updated its rules regarding exemptions available for eligible interlisted issuers. “Eligible International Interlisted Issuers” may be able to obtain ... Continued
Canadian National Securities Project Takes Step Forward
In Canada, unlike the United States and most western economies that have a robust stock market, securities law is regulated solely by the provinces and ... Continued
Rule 144 – General Information for Non-Affiliates
We are often asked to outline the requirements for a Rule 144 resale and thought to provide some general guidance on the topic in this ... Continued
SEC Adopts Pay Ratio Disclosure Rule
On August 5, 2015, the Securities and Exchange Commission (the “SEC”) adopted a final rule requiring public companies to disclose the ratio of the annual ... Continued
CSA Wants More Information on Exempt Distribution Reports
The CSA proposed a new form 45-106F1.
CSA Proposes Harmonized Exempt Distribution Reports
On August 13, 2015, the Canadian Securities Administrators published for comment proposed amendments to National Instrument 45-106 Prospectus Exemptions that would harmonize the exempt distribution ... Continued
SEC Proposes “Claw Back” Policy for Executive Compensation
The Securities and Exchange Commission (“SEC”) recently proposed rules directing U.S. national securities exchanges to require listed companies to adopt policies that require executive officers ... Continued
CSA Continuous Disclosure Review
On July 16, 2015, the Canadian Securities Administrators (the “CSA”) announced the results of their continuous disclosure review program. The program is intended to improve ... Continued
Larry Yen and Craig Rollins open the TSX
Larry Yen and Craig Rollins were in Toronto last Friday to open the market for the Toronto Stock Exchange with our client, Alpha Peak Leisure ... Continued
Alpha Peak Leisure Inc. closes $15 million financing and Qualifying Transaction
Clark Wilson acted for Alpha Peak Leisure Inc. (TSXV: AAP) in completing its TSXV Qualifying Transaction, which involved major international investment banks such as Citigroup ... Continued
TSX Publishes Guidance on Emerging Market Issuers and Transactions
The TSX published guidance on emerging market issuers and transactions.
Venture Issuers Can Provide “Quarterly Highlights”
While it may be easier to do the same thing over and over, this change is worth considering. For financial years that begin on or ... Continued