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Securities Act Amendments Coming Into Force On April 7, 2003

April-3-2003

Area Corporate Finance and Securities

Summary


In our Corporate Securities Update dated November 7, 2002, we outlined certain proposed amendments to the Securities Act (Ontario) contained in Bill 198. These amendments form part of the response of the Ontario Government and the Ontario Securities Commission (OSC) to the passing of the Sarbanes-Oxley Act in the United States and are intended to bolster the protection of investors and improve investor confidence in the integrity of Ontario's capital markets.

The Government has just announced that certain of the Securities Act amendments will come into force on April 7, 2003. Read on for a list of which amendments will and will not come into force on April 7th.

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