September 2016

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca

September 2016

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Securities – Decision in the Matter of Summit International, PTE LTD

September 30, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan today issued a Decision in the Matter of Summit International, PTE LTD.

Decision - September 30, 2016

Securities – CSA Multilateral Staff Notice 91-305 Frequently Asked Questions relating to MI 91-101 and MI 96-101

September 29, 2016 - Staff of the securities regulatory authorities in Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Prince Edward Island, Saskatchewan and Yukon are publishing staff views, in the form of Frequently Asked Questions, on certain matters relating to Multilateral Instrument 91-101 Derivatives: Product Determination, Companion Policy 91-101 Derivatives: Product Determination, Multilateral Instrument 96-101 Trade Repositories and Derivatives Data Reporting and Companion Policy 96-101 Trade Repositories and Derivatives Data Reporting.

CSA Multilateral Staff Notice 91-305

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 45-308 (Revised) Guidance for Preparing and Filing Reports of Exempt Distribution under NI 45-106

September 29, 2016 - Staff of the Canadian Securities Administrators have prepared this revised Staff Notice (this Notice) to assist issuers, underwriters and their advisors in preparing and filing reports.

This Notice replaces a prior version of this notice issued on April 7, 2016. We may from time to time reissue this Notice to respond to additional questions or concerns raised about the completion and filing of reports.

This Notice replaces a prior version of this notice issued on April 7, 2016.

For 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 Multilateral Staff Notice 58-308 Staff Review of Women on Boards and in Executive Officer Positions – Compliance with NI 58-101 Disclosure of Corporate Governance Practices

September 28, 2016 - On September 28, 2015, we published CSA Multilateral Staff Notice 58-307 Staff Review of Women on Boards and in Executive Officer Positions – Compliance with NI 58-101 Disclosure of Corporate Governance Practices (the Year 1 Notice). The Year 1 Notice summarized the findings of our review of the corporate governance disclosure of 722 issuers as it relates to the WB/EP Rules (the sample included all issuers having year-ends between December 31, 2014, and March 31, 2015 that released disclosure on corporate governance by July 31, 2015).

Staff in the Participating Jurisdictions (or we) are publishing this notice to:

report the findings of our review of the corporate governance disclosure of a sample comprising 677 non-venture issuers relating to the WB/EP Rules, and
draw comparisons between our current sample and the sample from last year.
CSA Multilateral Staff Notice 58-308

For more information, please contact:

Securities – CSA Staff Notice 11-332 Cyber Security

September 27, 2016 - The CSA is publishing this Notice on cyber security in order to further highlight the importance of cyber risks for Market Participants; inform stakeholders about recent and upcoming CSA initiatives; reference existing standards and work published, including work published by the Investment Industry Regulatory Organization of Canada (IIROC), the Mutual Fund Dealers Association of Canada (MFDA) and international regulatory authorities and standard-setting bodies; communicate general expectations for Market Participants with respect to their cyber security frameworks; and examine ways to coordinate communication and information sharing between regulators and Market Participants.

CSA Staff Notice 11-332

For information 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 – CSA Notice and Request for Comment - Modernization of Investment Fund Product Regulation - Alternative Funds

September 22, 2016 - The Canadian Securities Administrators (the CSA or we) are publishing for a 90-day comment period:

the proposed repeal of National Instrument 81-104 Commodity Pools (NI 81-104)
proposed amendments to:
- National Instrument 81-102 Investment Funds (NI 81-102),
- National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101), including Form 81-101F3 Contents of Fund Facts Document (the Fund Facts),
proposed consequential amendments to:
- Form 81-101F1 Contents of Simplified Prospectus and Form 81-101F2 Contents of Annual Information Form,
- National Instrument 81-107 Independent Review Committee for Investment Funds (NI 81-107),
- National Instrument 41-101 General Prospectus Requirements (NI 41-101), including Form 41-101F2 Information Required in an Investment Fund Prospectus (Form 41-101F2), and
- National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-106).

In addition, we are publishing proposed changes to Companion Policy 81-102CP Investment Funds and proposing to withdraw Companion Policy 81-104CP Commodity Pools.

The comment period ends December 22, 2016.

For more information please contact:

Heather Kuchuran, Senior Securities Analyst, Corporate Finance
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-1009
Fax: (306) 787-5899
Email: Heather.Kuchuran@gov.sk.ca

Securities – Decision in the Matter of BigOption, et al

September 21, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan today issued a Decision in the Matter of BigOption, Big Markets MU Ltd and Mahmud Akberali Kanji.

Decision - September 21, 2016

Securities – Pacific Exploration & Production Corporation Approval pursuant to section 44(3) of The Securities Act, 1988

Approval Letter - September 21, 2016

Securities – Adjournment Notice in the Matter of SHEC Energy Corporation, James Thomas Beck and Terrance Michael Stott

September 20, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan today issued an Adjournment Notice in the Matter of SHEC Energy Corporation, James Thomas Beck and Terrance Michael Stott.

Adjournment Notice - September 20, 2016

Securities – Extending Order In the Matter of Option500, et al

September 12, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan has issued an Extending Order In the Matter of Option500, Option Solution Online Limited, Option Solution Group Limited and Global Processing Solutions LP.

Extending Order - September 12, 2016

For more information contact:

Christina Meredith, Legal Counsel
Securities Division
Financial and Consumer Affairs Authority
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5843
Fax: (306) 787-5899
Email: christina.meredith@gov.sk.ca

Securities – Multilateral CSA Staff Notice 45-321 Frequently asked Questions about the Investment Dealer Prospectus Exemption

September 8, 2016 - The purpose of this notice is to answer some of the frequently asked questions (FAQs) on the prospectus exemption (the investment dealer exemption or exemption) adopted by the securities regulatory authorities in British Columbia, Alberta, Saskatchewan, Manitoba and New Brunswick (the participating jurisdictions) on January 14, 2016.

Multilateral CSA Staff Notice 45-321

For more information, please contact:

Securities – CSA Staff Notice 31-346 Guidance as to the Scope of the International Dealer Exemption in Relation to Foreign-Currency Fixed Income Offerings by Canadian Issuers

September 1, 2016 – The Canadian Securities Administrators (the CSA) are aware of reports by some market participants of a perceived decline in liquidity in Canadian fixed income markets, and understand that some market participants have suggested that recent changes in the securities regulatory regime in Canada may have contributed to this perceived decline. Accordingly, the CSA is publishing this guidance to clarify the scope of the international dealer exemption in NI 31-103 and to confirm staff’s willingness to support exemptive relief, if required, to facilitate access to global fixed income markets by Canadian issuers and Canadian institutional investors.

CSA Staff Notice 31-346

For information contact:

Securities – Sanctions Order in the Matter of Latin Clearing Corporation and Andrew Berger

September 1, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan today issued a Sanctions Order in the Matter of Latin Clearing Corporation and Andrew Berger.

Sanctions Order - September 1, 2016

For more information contact:

Securities – Temporary Order In the Matter of Option500, et al

September 1, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan has issued a Temporary Order In the Matter of Option500, Option Solution Online Limited, Option Solution Group Limited and Global Processing Solutions LP.

Temporary Order - September 1, 2016

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