Proposed Initial Regulations On Civil Liability

On August 25, 2015, the participating provinces and territory in the Cooperative Capital Markets Regulatory System achieved an important milestone towards implementation of the system by publishing a revised consultation draft of the uniform provincial and territorial capital markets act (now known as the Capital Markets Act), along with the drafts of the initial regulations proposed for adoption by the participating provinces and territory under the draft uniform act. These materials have been published for a 120-day public comment period.

This article is part of Gowlings'  Guide to the Proposed Initial Regulations and related materials. In this segment of our guide, we discuss the proposed initial regulations on civil liability, including for secondary market disclosure. To view other sections of the guide,  click here.