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TSX Proposes Amendments to Disclosure Requirements Related to Issuer Websites and Security Based Compensation Arrangements

May-27-2016

Lawyer Michael Partridge, Chris Sunstrum, Emily Ting
Area Corporate Finance and Securities

Summary

The Toronto Stock Exchange (TSX) has published for comment proposed amendments to the TSX Company Manual that would, among other things, (a) require TSX-listed issuers to maintain a website for posting certain key security holder documents (the “Website Amendments”) and (b) simplify the disclosure requirements related to security based compensation arrangements (the “Disclosure Amendments”).  The TSX has requested comments on the Website Amendments and Disclosure Amendments by June 27, 2016.

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