The Toronto Stock Exchange proposed amendments to its Company Manual today to implement a Due Bill tracking system for listed issuers. A Due Bill is defined by the proposal to mean "an instrument used to evidence the transfer of title to any dividend, distribution, interest, security or right to a listed security contracted for, or evidencing, the obligation of a seller to deliver such dividend, distribution, interest, security or right to a subsequent purchaser." Comments on the amendments, which must still be approved by the OSC, are being accepted until January 23, 2012.
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