Insider Trading Reports

Brent McLean, Member Visit Website

Key changes to filing deadlines, deemed beneficial ownership, reporting equity-based compensation and derivatives.

Insiders of Canadian public companies are subject to new rules for reporting insider trading, effective April 30, 2010. Under National Instrument 55-104, Insider Reporting Requirements and Exemptions, the new rules:

• Cut the deadline for filing insider trading reports from 10 to five calendar days, effective Oct. 31, 2010;

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