May 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
May 2020
Securities - Revocation Order In the Matter of EastWest Bioscience Inc. and In the Matter of Rodney Gelineau and Paul Marjerrison
May 29, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Revocation Order In the Matter of EastWest Bioscience Inc. and In the Matter of Rodney Gelineau and Paul Marjerrison
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
Tel: 306.798.3381
Fax: 306.787.5899
Email: mikale.white@gov.sk.ca
Securities - In-person hearings continue to be on hold
May 28, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan (“FCAA”) continues to take all necessary precautions to protect the health and safety of its employees and the public as we respond to challenges due to COVID-19. We continue to monitor information available concerning the public health risks posed by COVID-19. In order to protect our employees and the public, the FCAA has decided to extend its decision to not hold in-person hearings pursuant to The Securities Act, 1988, until at least June 30, 2020.
Matters which were originally scheduled to be heard prior to June 30, 2020, and that have not yet been adjourned sine die, are hereby adjourned sine die. Counsel and/or self-represented litigants may make arrangements with the Registrar to reschedule such matters once regular operations resume. In the event parties wish to proceed prior to June 30, 2020, that party may apply to the Hearing Panel for leave to proceed by way of an electronic or written hearing.
The Registrar will continue to receive Statements of Allegations, Motions or other filings by email at registrarfcaa@ gov.sk.ca in accordance with Saskatchewan Policy Statement 12-602, Procedure for Hearings and Reviews.
For further information, the Registrar can be contacted by email at registrarfcaa@gov.sk.ca or by phone at (306) 787-5646. The co-operation and understanding of all involved during this difficult and challenging time continues to be appreciated.
Securities - General Order 31-504 Temporary Exemption from Certain Financial Statement and Information Delivery Requirements for Registrants and Unregistered Capital Markets Participants, No. 2
May 28, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan today published temporary blanket relief for registrants and unregistered Capital Markets participants with certain deadlines during the period from June 2, 2020 to September 30, 2020 as a result of COVID-19.
For more information 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 - Notice of Teleconference Call in the Matter of Jack Louis Comeau, Pinnacle Wealth Brokers Inc. and Grasswood Property Finance Ltd.
May 27, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan 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 - Statement of Allegations in the Matter of Jay Max Olesiuk
May 21, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Statement of Allegations in the Matter of Jay Max Olesiuk
For more information contact:
Grace Hession David, Litigation Counsel
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5843
Fax: 306.787.5899
Email: grace.hessiondavid@gov.sk.ca
Securities - Statement of Allegations in the Matter of Playa Exclusive Realty & Déjà Properties S.A. De C.V., Brad Yarotsky and Santino Bellabono
May 21, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Statement of Allegations in the Matter of Playa Exclusive Realty & Déjà Properties S.A. De C.V., Brad Yarotsky and Santino Bellabono
For more information contact:
Grace Hession David, Litigation Counsel
Legal, Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: 306.787.5843
Fax: 306.787.5899
Email: grace.hessiondavid@gov.sk.ca
Securities - General Order 51-503 Temporary Exemption from Certain Corporate Finance Requirements with Deadlines during the period from June 2, 2020 to August 31, 2020
May 20, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan today published temporary blanket relief for market participants with certain Corporate Finance deadlines during the period from June 2, 2020 to August 31, 2020 as a result of COVID-19.
For more information contact:
Heather Kuchuran, 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 - General Order 81-504 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds with Deadlines during the period from June 2, 2020 to September 30, 2020
May 20, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan today published temporary blanket relief for market participants with filing, delivery and prospectus renewal deadlines during the period from June 2, 2020 to September 30, 2020 as a result of COVID-19.
For more information contact:
Heather Kuchuran, 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 - Order in the Matter of Vision Financial Markets LLC and Cliff Krause
May 15, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Order in the Matter of Vision Financial Markets LLC and Cliff Krause
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 - Update to CSA Staff Notice 51-360 Frequently Asked Questions Regarding Filing Extension Relief Granted by Way of a Blanket Order in Response to COVID-19
May 13, 2020 - On April 3, 2020 the Canadian Securities Administrators published CSA Staff Notice 51-360 Frequently Asked Questions Regarding Filing Extension Relief Granted by Way of a Blanket Order in Response to COVID-19 which was updated on April 16, 2020 and on May 1, 2020. For further clarification, the notice has again been updated to assist market participants.
For more information contact:
Heather Kuchuran, 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 Vision Financial Markets LLC and Cliff Krause
May 12, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan published Notice of Teleconference Call In the Matter of Vision Financial Markets LLC and Cliff Krause
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 - COVID-19 Continuous Disclosure Obligations and Considerations for Issuers
May 6, 2020 - Today, the Canadian Securities Administrators published COVID-19 Continuous Disclosure Obligations and Considerations for Issuers.
For more information contact:
Heather Kuchuran, 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 - Update to CSA Staff Notice 51-360 Frequently Asked Questions Regarding Filing Extension Relief Granted by Way of a Blanket Order in Response to COVID-19
May 1, 2020 - On April 3, 2020 the Canadian Securities Administrators published CSA Staff Notice 51-360 Frequently Asked Questions Regarding Filing Extension Relief Granted by Way of a Blanket Order in Response to COVID-19 which was updated on April 16. For further clarification, the notice has again been updated to assist market participants.
For more information contact:
Heather Kuchuran, 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 - General Order 51-502 Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials
May 1, 2020 - The Financial and Consumer Affairs Authority of Saskatchewan today published temporary blanket relief for certain reporting issuers with delayed annual meetings.
For more information contact:
Heather Kuchuran, 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 Division
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca