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ARTICLE · 23 MAY 2011

Request For Comments On Proposed Amendments To National Policy 11‐201 "Electronic Delivery Of Documents"

The Canadian Securities Administrators (the "CSA") are publishing for a 60-day comment period, which expires on June 29, 2011, proposed amendments to National Policy 11-201 "Electronic Delivery of Documents" ("NP 11-201").

CanadaFinance and Banking

The Canadian Securities Administrators (the "CSA") are publishing for a 60-day comment period, which expires on June 29, 2011, proposed amendments to National Policy 11-201 Electronic Delivery of Documents ("NP 11-201"). If the proposed amendments are adopted, they would replace the current version of NP 11-201. In Québec, NP 11-201 and the proposed amendments will replace Notice 11-201 related to the Delivery of Documents by Electronic Means.

The NP 11-201 was implemented to give market participants an opportunity to disseminate documents to security holders and investors in a more timely, cost-efficient, user-friendly and widespread manner than by use of paper-based methods. However, since the implementation of NP 11-201 in 2000, electronic communications have become much more common than when NP 11-201 was first drafted. The CSA believes it is time to review and update NP 11-201 to create provisions of securities legislation that impose delivery requirements to be

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