On January 9, 2019 the Canadian Securities Administrator (CSA) including the Ontario Securities Commission (OSC) published a consultation paper ‘Consideration of an Access Equals Delivery Model for Non-Investment Fund Reporting Issuers’ (the Consultation Paper) to provide a forum for discussion on the appropriateness of an access equals delivery model in the Canadian market. The CSA was looking for data and information to evaluate the effects of an access equals delivery model on capital formation and investor protection. They sought comments on whether and how such a model may affect investor engagement, positively and negatively, including whether it constitutes an efficient way for investors to access information. The Consultation Paper was published for a 60-day comment period. The Business Law Section of the Canadian Bar Association submitted comments on the Consultation Paper in March 2020 – ‘Access Equals Delivery Model for Prospectuses and Other Documents.’
For a copy of the Canadian Bar Association submission please see: http://www.cba.org/CMSPages/GetFile.aspx?guid=57dd7f08-26fd-444c-af36-9ddd5a679bcc
For more information, please call Barbara Hendrickson at BAX Securities Law (647) 403 – 4606.
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