Weekly Reports
Updates for the week ending May 2, 2003
The list below will link directly to documents on the BCSC website. Please use your browser's BACK button to return to this page.
Policies & Instruments
- BC Notice 2003/15 - BCI 33-509 - Exemptions to extend certain NRD submission dates
- BC Instrument 33-509 - Exemptions to extend certain NRD submission dates
This notice announces that the Executive Director has granted exemptions to Multilateral Instrument 31-102 National Registration Database (MI 31-102) and Multilateral Instrument 33-109 Registration Information (MI 33-109) to extend the deadline dates for certain NRD submissions.
- BC Notice 2003/16 - Adoption of Amendments to National Instrument 55-102 System for Electronic Disclosure by Insiders (SEDI) and BC Instrument 55-505 Interim Requirements during the Launch of the System for Electronic Disclosure by Insiders (SEDI)
- BC Instrument 55-505 - Interim Requirements during the Launch of the System for Electronic Disclosure by Insiders (SEDI)
- National Instrument 55-102 - System for Electronic Disclosure by Insiders (SEDI) (Consolidated Version)
- Companion Policy 55-102 - System for Electronic Disclosure by Insiders (SEDI) (Consolidated Version)
- Form 55-102F1 - Insider Profile
- Form 55-102F2 - Insider Report
- Form 55-102F3 - Issuer Profile Supplement
- Form 55-102F6 - Insider Report
This notice announces that the Commission, together with the other members of the Canadian Securities Administrators, are amending National Instrument 55-102 System for Electronic Disclosure by Insiders (SEDI), the related forms and companion policy. The amendments are effective April 29, 2003.
This notice also announces that the Commission is implementing BC Instrument 55-505 effective May 5, 2003. The BCI provides temporary exemptions from the requirements to electronically file insider reports and related insider and issuer information during the launch of the System for Electronic Disclosure by Insiders (SEDI). On April 11, 2003, the Commission published CSA Staff Notice 55-309 Launch of the System for Electronic Disclosure by Insiders (SEDI) and Other Insider Reporting Matters announcing that SEDI will be launched beginning May 5, 2003. The launch will use the staged implementation process described in that notice. The BCI is to facilitate an orderly staged implementation of the filing obligations of SEDI issuers and insiders during the launch of SEDI.
- BC Instrument 52-508 - US GAAP and US GAAS for SEC Issuers
BCI 52-508 provides blanket relief to allow SEC issuers to prepare annual and interim financial statements using US GAAP and have their annual financial statements audited in accordance with US GAAS.
- CSA Staff Notice 52-305 - Optional Use of US GAAP and US GAAS by SEC Issuers
CSA Staff Notice 52-305 advises that CSA staff will consider applications for discretionary relief permitting SEC issuers to use US GAAP and US GAAS. In B.C., the BCSC has granted blanket relief to SEC issuers in BC Instrument 52-508 US GAAP and US GAAS for SEC Issuers, effective May 2, 2003.
News & Events
- News Release 2003/32 - Kelowna day trader banned from securities markets
- News Release 2003/33 - Reminder: Issuer Registration on SEDI Begins May 5
- News Release 2003/34 - Securities Regulators Unveil Fraud Awareness Quiz
Decisions, Settlements, Hearings, and Temporary Orders
- Michael Conn Enns - Settlement Agreement
- Excel Asset Management Inc., et. al. - Variation Order under Section 171
- Pacific International Securities Inc., et. al. - Hearing Adjournment
Cease Trade Orders & Revocations
Search for cease trade orders and revocations using Market Regulation Services National CTO database
- Bearcat Explorations Ltd., Blackhorn Gold Mines Ltd., Dev Investments Inc., Intracoastal System Engineering Corporation, Unitec International Controls Corporation, Windridge Technology Corp. - Cease Trade Order under Section 164
- SwissLink Financial Corporation - Partial Revocation Order under Section 171
Exemptions and MRRS Orders
Some discretionary and MRRS orders are located in the Temporary Orders section of Decisions & Orders
- Alexis Nihon Real Estate Investment Trust - MRRS
- Keefe, Bruyette & Woods, Inc. - Order under Section 48
- Leith Wheeler Investment Counsel Ltd. - MRRS
- Coca-Cola Enterprises Inc., et. al. - MRRS
- Citadel Multi-Sector Income Fund - MRRS
- Contrans Income Fund - MRRS
- Mortgage-Backed Securities Trust - MRRS
- Drummond Financial Corporation - MRRS