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Toronto Stock Exchange and TSX Venture Exchange Seek Public Comment in Ongoing Review of Emerging Market Issuers

December-20-2012

Lawyer Jonathan Feldman, Neill May
Area Corporate Finance and Securities, Asia Practice

Summary

On December 17, 2012, the Toronto Stock Exchange (the “TSX”) and TSX Venture Exchange (“TSXV” and together with the TSX, the “Exchanges”) published a joint Consultation Paper on companies with a significant connection to an emerging market jurisdiction (“Emerging Market Issuers”).  The Consultation Paper summarizes the findings of a broad review of the issues and considerations applicable to listing Emerging Market Issuers and solicits feedback on possible requirements and procedures for Emerging Market Issuers to be adopted by the Exchanges.

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