• Expanded Early Warning Reporting Proposed By Canadian Securities Regulators.
  • March 20, 2013 | Author: David Surat
  • Law Firm: Borden Ladner Gervais LLP - Toronto Office
  • In a move that could limit the options of potential acquirors and activist investors, while significantly increasing the paper burden for institutional investors and mutual funds, the Canadian Securities Administrators have proposed a significant expansion to the early warning obligations for investors in securities of Canadian public issuers. The regulators aim to provide greater transparency and address concerns regarding hidden ownership and empty voting.