January 2014

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca

January 2014

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Securities – Lone Pine Resources Inc. Decision pursuant to section 92 of The Securities Act, 1988

January 30, 2014 - Decision pursuant to section 92 of The Securities Act, 1988 that Lone Pine Resources Inc. is no longer a reporting issuer.

Decision - January 30, 2014

Securities – Flint Energy Services Ltd. Decision pursuant to section 92 of The Securities Act, 1988

January 29, 2014 - Decision pursuant to section 92 of The Securities Act, 1988 that Flint Energy Services Ltd. is no longer a reporting issuer.

Decision - January 29, 2014

Securities – The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2013 (No. 9) come into force

January 28, 2014 - The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2013 (No. 9) came into force on January 20, 2014.

Commission Regulations 2013 No. 9

For more information contact:

Angela Eiffert, Legal Counsel
Securities Division
Financial and Consumer Affairs Authority
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 798-3381
Fax: (306) 787-5899
Email: angela.eiffert@gov.sk.ca

Securities – The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2013 (No. 10) come into force

Janaury 28, 2014 - The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2013 (No. 10) came into force on January 20, 2014.

Commission Regulation 2013 N. 10

For more information contact:

Securities − CSA Notice of Publication and Request for Comment - Proposed Amendments to NI 45-106

January 23, 2014 - The Canadian Securities Administrators are publishing for a 90-day comment period proposed amendments (the Proposed Amendments) to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106).

If adopted, the Proposed Amendments would, among other things:

change the requirements that short-term debt securities must satisfy in order to be distributed under the short-term debt prospectus exemption in section 2.35 of NI 45-106 (the Short-Term Debt Prospectus Exemption);

make the Short-Term Debt Prospectus Exemption unavailable for securitized products such as asset-backed commercial paper (ABCP); and

introduce a new prospectus exemption in NI 45-106 for short-term securitized products in section 2.35.1, as qualified by sections 2.35.2 to 2.35.4 (the Short-Term Securitized Products Prospectus Exemption), that would only be available for ABCP backed by traditional or conventional assets.

Published: January 23, 2014

Comments due: April 23, 2014

For more information, please contact:

Sonne Udemgba, Deputy Director, Legal
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5879
Fax: (306) 787-5899
Email: sonne.udemgba@gov.sk.ca

Securities – West Street Capital Corporation Decision pursuant to section 92 of The Securities Act, 1988

January 22, 2014 - Decision pursuant to section 92 of The Securities Act, 1988 that West Street Capital Corporation is no longer a reporting issuer.

Decision - January 22, 2014

Securities – Royal Oak Ventures Inc. Decision pursuant to section 92 of The Securities Act, 1988

January 21, 2014 - Decision pursuant to section 92 of The Securities Act, 1988 that Royal Oak Ventures Inc. is no longer a reporting issuer.

Decision - January 21, 2014

Securities – New Dawn Mining Corp. Decision pursuant to section 92 of The Securities Act, 1988

January 20, 2014 - Decision pursuant to section 92 of The Securities Act, 1988 that New Dawn Mining Corp. is no longer a reporting issuer.

Decision - January 20, 2014

Securities − CSA Staff Notice 91-304 and Request for Comment Model Provincial Rule − Derivatives: Customer Clearing and Protection of Customer Collateral and Positions

January 17, 2014 - The Canadian Securities Administrators OTC Derivatives Committee are publishing for comment period expiring on March 19, 2014, a Model Provincial Rule on Derivatives: Customer Clearing and Protection of Customer Collateral and Positions and a Model Explanatory Guidance to Model Provincial Rule on Derivatives: Customer Clearing and Protection of Customer Collateral and Positions.

Published: January 17, 2014

Comments due: March 19, 2014

For more information, please contact:

Dean Murrison, Director
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5842
Fax: (306) 787-5899
Email: dean.murrison@gov.sk.ca

Securities – Revocation Order issued in respect of General Order 31-924

January 13, 2014 - Financial and Consumer Affairs Authority issued a Revocation Order.

Revocation Order - January 13, 2014

For more information contact:

Angela Eiffert, 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: angela.eiffert@gov.sk.ca

Securities – Revocation Order issued in the Matter of Great Sandhills Terminal Ltd.

January 10, 2014 - Financial and Consumer Affairs Authority (FCAA) issued a Revocation Order in the Matter of Great Sandhills Terminal Ltd. advising that the cease Order dated December 23, 2013 is revoked.

Revocation Order - January 10, 2014

For more information contact:

Tony Herdzik, Deputy Director, Corporate Finance
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5849
Fax: (306) 787-5899
Email: tony.herdzik@gov.sk.ca

Securities – CSA Staff Notice 31-336 - Guidance for Portfolio Managers, Exempt Market Dealers and Other Registrants on the Know-Your-Client, Know-Your-Product and Suitability Obligations

January 9, 2014 - CSA Staff Notice 31-336 - Guidance for Portfolio Managers, Exempt Market Dealers and Other Registrants on the Know-Your-Client, Know-Your-Product and Suitability Obligations.

The know-your-client (KYC), know-your-product (KYP) and suitability obligations are among the most fundamental obligations owed by registrants to their clients and are cornerstones of our investor protection regime. Staff from the Canadian Securities Administrators (CSA staff or we) assess registrants’ compliance with these important regulatory requirements as part of our compliance oversight reviews. For example, in 2012, staff of the Ontario Securities Commission conducted a targeted review (Sweep) of 87 portfolio managers (PMs) and exempt market dealers (EMDs) to assess their compliance with the KYC, KYP and suitability obligations. The findings of the Sweep are summarized in OSC Staff Notice 33-740 Report on the results of the 2012 targeted review of portfolio managers and exempt market dealers to assess compliance with the know-your-client, know-your-product and suitability obligations.

As a result of our compliance oversight reviews, CSA staff have concluded that additional guidance (including CSA staff’s views as to practices that may be considered to be “best practices” and practices that we consider to be “unacceptable practices”) in the areas of KYC, KYP, and suitability obligations is required to assist registrants, such as PMs, EMDs, and other registrants who are not members of a self-regulatory organization (SRO) in meeting their regulatory obligations.

We strongly encourage registrants to use this Notice to improve their understanding of, and compliance with, the very important KYC, KYP, and suitability obligations. We also suggest that registrants use this report as a self-assessment tool to strengthen their compliance with securities laws. Going forward, CSA staff will continue to closely monitor registrants’ compliance in these areas and will take appropriate regulatory action to ensure compliance with securities laws.

CSA Staff Notice 31-336

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
Phone:  (306) 787-5871
Fax:  (306) 787-5899
Email:  liz.kutarna@gov.sk.ca

Securities – CSA Staff Notice 13-322 - Service Transition Cutover Date for Information Management Services and implementation of Related Consequential Amendments to CSA National System Rules

January 9, 2014 - CSA Staff Notice 13-13-322 - Service Transition Cutover Date for Information Management Services and implementation of Related Consequential Amendments to CSA National System Rules.

This notice provides an update on the transition of the operation of SEDAR, SEDI and NRD (the CSA National Systems) from CDS INC. to CGI Information Systems and Management Consultants Inc. (CGI) and the implementation of related amendments to:

National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR)
National Instrument 31-102 National Registration Database, and
National Instrument 55-102 System for Electronic Disclosure by Insiders (SEDI).

CSA Staff Notice 13-322

For more information, please contact:

Securities – CSA Staff Notice 13-315 (Revised) - Securities Regulatory Authority Closed Dates 2014

January 9, 2014 - CSA Staff Notice 13-315 (Revised) Securities Regulatory Authority Closed Dates 2014.

CSA Staff Notice 13-315 (Revised)

For more information, please contact:

Securities − The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) Amended Saskatchewan Policy Statement 12-602 Procedure for Hearings and Reviews

January 9, 2014 − The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) amended Saskatchewan Policy Statement 12-602 Procedure for Hearings and Reviews. The policy was amended to reflect minor process changes and to replace section 9.1 with a new section that more clearly reflects the law with respect to public hearings.

Saskatchewan Policy Statement 12-602

For more information contact:

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca