Participating members of the Canadian Securities Administrators (CSA) will be issuing exemptions from certain filing requirements (the blanket orders) to cover the brief period before the System for Electronic Document Analysis and Retrieval (SEDAR) will be switched to a new centralized system, SEDAR+.
The blanket orders (under Coordinated Blanket Order13-932) came into effect July 21, 2023, and will expire when SEDAR+ launches, which is now expected to be 7 am (Eastern time), July 25, 2023.
Each CSA member will be issuing a substantially similar blanket order covering the period when neither SEDAR nor SEDAR+ will be available to receive documents. The exemptions available through the blanket orders provide an extension to file or deliver documents required to be transmitted through SEDAR+ during that time. The exemptions also provide filers with a means to transmit a document in exceptional circumstances where a filer chooses to file or deliver a document during this period.
CSA Notice regarding Coordinated Blanket Order13-932 Exemptions from certain filing requirements in connection with the launch of the System for Electronic Data Analysis and Retrieval is available for download from the website of the Canadian Securities Administrators.
For more information, please call Barbara Hendrickson at BAX Securities Law (647) 403-4606.
This publication is not intended to constitute legal advice. No one should act on it or refrain from acting on it without consulting with a lawyer. BAX does not warrant or guarantee the accuracy or currency or completeness of the publication. No part of this publication may be reproduced without the prior written permission of BAX Securities Law.
