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ARTICLE · 07 SEPTEMBER 2015

Cooperative Capital Markets System Publishes Revised Draft Legislation And Draft Regulations

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On August 25, 2015, the participating jurisdictions of the proposed Cooperative Capital Markets System published for comment a revised consultation draft of the uniform provincial/territorial Capital Markets Act and draft initial regulations.

CanadaCorporate/Commercial Law
Juliamai Giffen
Juliamai Giffen
James T. McClary
James T. McClary
Jon Truswell
Jon Truswell
Justin Lambert
Justin Lambert
James Bartlett
James Bartlett
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On August 25, 2015, the participating jurisdictions of the proposed Cooperative Capital Markets System (the Cooperative System) published for comment a revised consultation draft of the uniform provincial/territorial Capital Markets Act (CMA) and draft initial regulations. The comment period is open until December 23, 2015. Additional draft initial regulations will be published for comment in the coming months, including a harmonized set of prospectus exemptions and a fee regulation.

Who's Participating?

The governments of Canada, British Columbia, Ontario, Saskatchewan, New Brunswick, Prince Edward Island and Yukon have signed the Memorandum of Agreement regarding the Cooperative System.

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