July 2026

Securities Division

4th Floor, 2365 Albert Street

Regina, Saskatchewan S4P 4K1

Tel: (306)787-5645

Fax: (306)787-5899

July 2026

Securities – Joint Canadian Securities Administrators / Canadian Investment Regulatory Organization Staff Notice 81-339 Industry Practices Relating to Foreign-Listed Exchange-Traded Funds

July 29, 2026 - Today the Financial and Consumer Affairs Authority of Saskatchewan published the Joint Canadian Securities Administrators / Canadian Investment Regulatory Organization Staff Notice 81-339 Industry Practices Relating to Foreign-Listed Exchange-Traded Funds (Staff Notice). This Staff Notice provides guidance on foreign exchange-traded funds marketed to Canadian investors, including dealer obligations and key investor considerations. Further details can be found in the Staff Notice.

CSA CIRO Staff Notice 81-339 Industry Practices Relating to Foreign-Listed Exchange-Traded Funds

For more information, contact:

Heather Kuchuran, Director
Corporate Finance, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
4th Floor, 2365 Albert Street
Regina, SK S4P 4K1
Phone: 306-787-1009
E-mail: heather.kuchuran@gov.sk.ca

Securities – CSA Staff Notice 45-330 (Revised) Frequently Asked Questions about the Listed Issuer Financing Exemption

July 23, 2026 – Today the Canadian Securities Administrators (CSA) are publishing CSA Staff Notice 45-330 (Revised) Frequently Asked Questions about the Listed Issuer Financing Exemption. This revision adds a clarification that the Listed Issuer Financing Exemption (LIFE) cannot be used for sharing arrangements where the issuer does not receive the proceeds immediately. Further details can be found in the CSA Staff Notice.

CSA Staff Notice 45-330 (Revised) FAQ about the Listed Issuer Financing Exemption

For more information, contact:

Securities – CSA Notice and Request for Comment Proposed Amendments to National Instrument 45-106 Prospectus Exemptions relating to the Listed Issuer Financing Exemption

July 23, 2026 – Today the Canadian Securities Administrators (CSA) are publishing CSA Notice and Request for Comment Proposed Amendments to National Instrument 45-106 Prospectus Exemptions relating to the Listed Issuer Financing Exemption.

The Proposed Amendments and the Proposed Changes are mainly intended to increase the amount that can be raised under the listed issuer financing exemption in Part 5A of National Instrument 45-106 Prospectus Exemptions and to streamline certain other conditions and disclosure requirements of the exemption. Further details on the Proposed Amendments and Changes can be found in the CSA Notice and Request for Comment and its annexes.

Comment Period Ends: October 21, 2026.

For more information, contact:

Securities - CSA Consultation Paper 51-406 Modernizing the Regulation of Public Companies

July 16, 2026 - The Canadian Securities Administrators (CSA) published CSA Consultation Paper 51-406 Modernizing the Regulation of Public Companies.

The CSA is publishing this Consultation Paper for a 120-day comment period, seeking stakeholder input on potential ways to modernize certain areas of securities legislation in relation to reporting issuers.

The CSA welcome perspectives from all interested stakeholders and will consider the feedback on all aspects of the Consultation Paper to assess appropriate next steps, including whether new rules or amendments to existing rules or other regulatory actions are warranted. The CSA may use blanket order powers where it is necessary and appropriate to implement general exemptions on a timely basis; however, the CSA will publish any proposed new rules or rule changes for formal comment through the rule-making process.

CSA Consultation Paper 51-406

The comment period ends November 13, 2026.

For more information contact:

Heather Kuchuran
Financial and Consumer Affairs Authority of Saskatchewan
Director, Corporate Finance, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-1009
Fax: 306-787-5899
Email: heather.kuchuran@gov.sk.ca

Ailin Zhuang
Financial and Consumer Affairs Authority of Saskatchewan
Senior Securities Analyst, Corporate Finance, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-7571
Fax: 306-787-5899
Email: ailin.zhuang2@gov.sk.ca

Securities - CSA Staff Notice 33-322 Review of Registered Firms’ Cybersecurity Practices and Additional Guidance

July 15, 2026 - The Financial and Consumer Affairs Authority of Saskatchewan is publishing CSA Staff Notice 33-322 Review of Registered Firms’ Cybersecurity Practices and Additional Guidance.

This Staff Notice summarizes the findings of Canadian Securities Administrators' recent focused compliance examinations of registered firms’ cybersecurity practices, to provide additional guidance on regulatory expectations, and to serve as an important reminder to firms that cybersecurity threats are a critical business risk.

CSA Staff Notice 33-322

For more information, contact:

Curtis Brezinski
Financial and Consumer Affairs Authority of Saskatchewan
Acting Director, Capital Markets
Securities Division
4th Floor, 2365 Albert Street
Regina SK S4P 4K1
Bus: 306-787-5876
Fax: 306-787-5899
Email: curtis.brezinski@gov.sk.ca

Securities – Decision in the Matter of TSX Inc.

July 10, 2026 – The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of TSX Inc., granting them relief from the requirement to be recognized as an exchange.

Decision

For more information, please contact:

Caroline Smith
Financial and Consumer Affairs Authority
Senior Legal Counsel, Securities Division
400-2365 Albert Street
Regina, SK, S4P 4K1
Bus: 306-787-9492
Fax: 306-787-5899
Email: caroline.smith@gov.sk.ca

Securities – Decision in the Matter of TSX Venture Exchange Inc.

July 10, 2026 – The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of TSX Venture Exchange Inc., granting them relief from the requirement to be recognized as an exchange.

Decision

For more information, please contact:

Securities – Decision in the Matter of Satstreet Inc.

July 6, 2026 – The Financial and Consumer Affairs Authority of Saskatchewan published a Decision in the Matter of Satstreet Inc., granting them a time-limited relief from prospectus requirements and Part 3, Data Reporting of Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting.

Decision

For more information, please contact:

Securities Division

4th Floor, 2365 Albert Street

Regina, Saskatchewan S4P 4K1

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca