CSA CONSULTS ON AN ACCESS EQUALS DELIVERY MODEL FOR NON-INVESTMENT FUND REPORTING ISSUERS
On January 9, the CSA released Consultation Paper 51-405 – Consideration of an Access Equals Delivery Model for Non-Investment Fund Reporting Issuers. Under the model contemplated by the CSA, providing public electronic access to documents that issuers are required to deliver to investor would constitute delivery. This would include prospectuses and certain continuous disclosure documents.
The IIAC is forming a working group to respond to the consultation. The comment period will end on March 9, 2020. Members interested in participating on the working group are asked to contact Jack Rando.