"27 Goodmans partners among the leading Canadian lawyers." - Lexpert/American Lawyer Guide to the Leading 500 Lawyers in Canada
Goodmans Publications

Ontario Securities Commission Proposes Rule for Distributions Outside Ontario

July-11-2016

Lawyer Jonathan Feldman, Matthew Prager
Area Corporate Finance and Securities

Summary

On June 30, 2016, the Ontario Securities Commission (OSC) published for comment Proposed OSC Rule 72-503 – Distributions Outside of Canada (the “Proposed Rule”), as well as an accompanying form (the “Proposed Form”) and companion policy (the “Proposed Companion Policy”).  The Proposed Rule is intended to clarify the scope and application of the prospectus and registration requirements in certain cross-border transactions.  The OSC is accepting written comments on the Proposed Rule until September 28, 2016.

Download PDF