February 2020
Securities Division
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca
February 2020
Securities - Decision in the Matter of ASBC Financial a.k.a. ASBCFinancial and Walter Turner
February 28, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Decision in the Matter of ASBC Financial a.k.a. ASBCFinancial and Walter Turner
For more information contact:
Sonne Udemgba, Deputy Director
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5879
Fax: 306.787.5899
Email: sonne.udemgba@gov.sk.ca
Securities - CSA Notice and Request for Comment Proposed National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions
February 27, 2020 - The Canadian Securities Administrators published CSA Notice and Request for Comment Proposed National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions
- CSA Notice and Request for Comment
- Annex A - Key differences between the registration and prospectus exemptions under Proposed National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions and the Start-up Crowdfunding Registration and Prospectus Blanket Orders
- Annex B - Local Matters
- Annex C - Proposed National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions
- Annex D - Proposed Form 45-110F1 Offering Document
- Annex E - Proposed Form 45-110F2 Risk Acknowledgement
- Annex F - Proposed Form 45-110F3 Funding Portal Information
- Annex G - Proposed Form 45-110F4 Portal Individual Information
- Annex H - Proposed Form 45-110F5 Annual Working Capital Certification
- Annex I - CSA Staff Notice 45-XXX Guidance for using the start-up crowdfunding registration and prospectus exemptions
Appendix 1 - Start-up Crowdfunding Guide for Businesses
Appendix 2 - Start-up Crowdfunding Guide for Funding Portals - Annex J - Proposed Amendments to National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR)
- Annex K - Proposed Amendments to National Instrument 45-102 Resale of Securities
The comment period ends May 27, 2020. The CSA has extended the comment period to July 13, 2020.
For more information contact:
Mikale White, Legal Counsel
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: 306.798.3381
Fax: 306.787.5899
Email: mikale.white@gov.sk.ca
Securities - Order in the Matter of PrimeWest Mortgage Investment Corporation
February 26, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Order in the Matter of PrimeWest Mortgage Investment Corporation
For more information contact:
Nathanial D. Day, Legal Counsel
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5867
Fax: 306.787.5899
Email: nathaniald.day@gov.sk.ca
Securities - Notice of Cancellation of Teleconference Call in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
February 25, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Notice of Cancellation of Teleconference Call in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
For more information contact:
Sonne Udemgba, Deputy Director
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5879
Fax: 306.787.5899
Email: sonne.udemgba@gov.sk.ca
Securities - Multilateral CSA Notice of Amendments to National Instrument 81-105 Mutual Fund Sales Practices, Changes to Companion Policy 81-105CP to National Instrument 81-105 Mutual Fund Sales Practices and Changes to Companion Policy 81-101CP to National Instrument 81-101 Mutual Fund Prospectus Disclosure relating to Prohibition of Deferred Sales Charges for Investment Funds
February 20, 2020 - The Canadian Securities Administrators today published Multilateral CSA Notice of Amendments to National Instrument 81-105 Mutual Fund Sales Practices, Changes to Companion Policy 81-105CP to National Instrument 81-105 Mutual Fund Sales Practices and Changes to Companion Policy 81-101CP to National Instrument 81-101 Mutual Fund Prospectus Disclosure relating to Prohibition of Deferred Sales Charges for Investment Funds
- Multilateral CSA Notice
- Annex A - Summary of Comments and CSA Responses
- Annex B - Amendments to National Instrument 81-105 Mutual Fund Sales Practices
- Annex C - Changes to Companion Policy 81-105CP to National Instrument 81-105 Mutual Fund Sales Practices
- Annex D - Changes to Companion Policy 81-101CP to National Instrument 81-101 Mutual Fund Prospectus Disclosure
- Annex E - Local Matters
Effective Date: Subject to ministerial approval - June 1, 2022.
For more information contact:
Heather Kuchuran, Acting Deputy Director
Corporate Finance, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.1009
Fax: 306.787.5899
Email: heather.kuchuran@gov.sk.ca
Securities - Notice of Teleconference Call in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
February 18, 2020 - The Financial and Consumer Affairs Authority published Notice of Teleconference Call in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
For more information contact:
Sonne Udemgba, Deputy Director
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5879
Fax: 306.787.5899
Email: sonne.udemgba@gov.sk.ca
Securities - CSA Second Notice and Request for Comment Proposed National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure Proposed Companion Policy 52-112 Non-GAAP and Other Financial Measures Disclosure Related Proposed Consequential Amendments and Changes
February 13, 2020 - The Canadian Securities Administrators published CSA Second Notice and Request for Comment Proposed National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure Proposed Companion Policy 52-112 Non-GAAP and Other Financial Measures Disclosure Related Proposed Consequential Amendments and Changes
- CSA Second Notice and Request for Comment
- Annex A - List of Commenters
- Annex B - Summary of Comments and CSA Responses
- Annex C - Summary of Changes Made in the Proposed Instrument
- Annex D - Proposed National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure
- Annex E - Proposed Companion Policy 52-112 Non-GAAP and Other Financial Measures Disclosure
- Annex F - Proposed Amendments to Multilateral Instrument 45-108 Crowdfunding
- Annex G - Proposed Change to Companion Policy 45-108CP Crowdfunding
- Annex H - Proposed Change to Companion Policy 51-102CP Continuous Disclosure Obligations
- Annex I - Proposed Change to Companion Policy 51-105CP Multilateral Instrument 51-105 Issuers Quoted in the U.S. Over-the-Counter Markets
- Annex J - Proposed Change to Companion Policy 52-107CP Acceptable Principles and Auditing Standards
- Annex K - Local Matters
The comment period ends May 13, 2020. The CSA has extended the comment period to June 29, 2020.
For more information contact:
Heather Kuchuran, Acting Deputy Director
Corporate Finance, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.1009
Fax: 306.787.5899
Email: heather.kuchuran@gov.sk.ca
Securities - CSA Staff Notice 23-326 Order Protection Rule: Market Share Threshold for period April 1, 2020 to March 31, 2021
February 13, 2020 - The Canadian Securities Administrators published CSA Staff Notice 23-326 Order Protection Rule: Market Share Threshold for period April 1, 2020 to March 31, 2021
For more information please contact:
Liz Kutarna, Deputy Director
Capital Markets, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5871
Fax: 306.787.5899
Email: liz.kutarna@gov.sk.ca
Securities - Amended Order Setting Hearing Dates in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
February 5, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Amended Order Setting Hearing Dates in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
For more information contact:
Sonne Udemgba, Deputy Director
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5879
Fax: 306.787.5899
Email: sonne.udemgba@gov.sk.ca
Securities - Local Notice of Proclamation, The Securities Amendment Act, 2019
February 4, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan today published Local Notice of Proclamation, The Securities Amendment Act, 2019. Sections 3 to 5; section 8 and clause 21(b) came into force on February 1, 2020.
For more information contact:
Mikale White, Legal Counsel
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 798-3381
Fax: (306) 787-5899
Email: mikale.white@gov.sk.ca
Securities - Order Setting Hearing Dates in the Matter of Vision Financial Markets LLC and Cliff Krause
February 4, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Order Setting Hearing Dates in the Matter of Vision Financial Markets LLC and Cliff Krause
For more information contact:
Nathanial D. Day, Legal Counsel
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5867
Fax: 306.787.5899
Email: nathaniald.day@gov.sk.ca
Securities Division
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca