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Home > Securities Industry Participants > Securities Laws > Regulatory Instruments > Part 6 - Take-Over Bids and Special Transactions > 62 - Take-over Bids > 62-306 – Update on Proposed National Instrument 62-105 Security Holder Rights Plans, and AMF Consultation Paper An alternative Approach to Securities Regulators' Intervention in Defensive Tactics (National Notice)
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
September 11, 2014
On March 14, 2013, the Canadian Securities Administrators (the CSA or we) published for comment proposed National Instrument 62-105 Security Holder Rights Plans and proposed Companion Policy 62-105CP Security Holder Rights Plans (together, the CSA Proposal). The Autorité des marchés financiers (the AMF), while participating in the publication for comment of the CSA Proposal, concurrently published a consultation paper entitled An Alternative Approach to Securities Regulators’ Intervention in Defensive Tactics (the AMF Proposal). This notice provides an update on the CSA’s consideration of these two defensive tactics policy proposals and our proposed regulatory approach going forward.