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Message: re: holding news
4
Apr 07, 2015 04:33PM
3
Apr 07, 2015 04:45PM

Apr 07, 2015 04:54PM
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Apr 07, 2015 05:19PM

sn> 3 days.

(caution: I am not a securities lawyer)

not necessarily.

indeed, while the NI 51-102 notice periods did change last fall, what was in some cases 10 days is now 3 (etc).

these are the ammendments

https://www.osc.gov.on.ca/en/SecuritiesLaw_ni_20141009_51-102_amendments.htm

however

we'd be most concerned about Part 7, which lays out that they can withhhold material changes (from the public) essentially for however long they want, as long as they can defend that confidentiality as being necessary. they have to re-affirm the position (to the regulators) every 10 days.

what they can't do (confidential or not) is withhold material information from the regulators.

GLAL,

R.

see

http://bit.ly/1FiKhxy (PDF)

and

http://bit.ly/1H2QhPr

or dig them up from IIROC/OSC.

it's all public information, but a bit of a bore to wade through.

1
Apr 07, 2015 05:36PM
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mo
Apr 07, 2015 05:46PM
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