• Prospectus Offerings in Canada: A Comprehensive Guide to the Improved Canadian Marketing Rules for Issuers and Investment Dealers
  • August 21, 2013 | Authors: Robert La Rosa; Guillaume Lavoie
  • Law Firm: Lavery, de Billy, L.L.P. - Montreal Office
  • On August 13, 2013, significant amendments to National Instrument 41-101 - General prospectus requirements, National Instrument 44-101 - Short form prospectus distributions, National Instrument 44-102 - Shelf distributions and National Instrument 44-103 - Post-receipt pricing (and their respective companion policies) regarding permissible “pre-marketing” and “marketing” activities came into force (collectively, the “New Amendments”). These amendments are, for the most part, identical to the proposed amendments published for comments by the Canadian Securities Administrators (the “CSA”) on November 25, 2011 (the “2011 proposed amendments”).