The Canadian Securities Administrators today
published proposed amendments to a number of national and
multilateral instruments, including NI 41-101, NI 44-101 and MI
61-101, intended to ensure that the rules applicable to issuers
listed on senior recognized exchanges in Canada (for example, the
TSX) also apply to those listed on Aequitas Neo Exchange.
For example, under the proposed changes, the definition of
"venture issuer" in various national instruments would be
amended so as to exclude issuers listed on Aequitas, and the
definition of "short form eligible exchange" under NI
44-101, the short form prospectus rule, would also include
Aequitas.
Until the proposed amendments are effective and Aequitas Neo
Exchange can be incorporated into the rules as a senior recognized
exchange, certain interim measures will be taken, including the
requirement that issuers intending to list on Aequitas provide an
undertaking that they will comply with Canadian securities
