Weekly Reports
Updates for the week ending September 21, 2001
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 2001/64 - BC Instrument 32-502 - Exemption from suitability requirements
- 32-502 - Exemption from suitability requirements
This BCN announces that a registrant need not comply with section 48 of the Securities Rules if the registrant is a member of the Investment Dealers Association of Canada and complies with its ‘know your client’ and suitability requirements.
This instrument came into effect on September 6, 2001.
- NI 81-101 - Mutual Fund Prospectus Disclosure
- 81-101 Companion Policy
- 81-101 F1 - Contents of Simplified Prospectus
- 81-101 F2 - Contents of Annual Information Form
- NI 81-102 - Mutual Funds
- 81-102 Companion Policy - Mutual Funds
These National Instruments came into effect on February 1, 2000 and were amended on May 2, 2001. See BC Notice 2001/25. - BC Notice 2001/65 - BC Instrument 51-505 - Transitional exemptions for Bourse de Montréal issuers
- 51-505- Transitional exemptions for Bourse de Montréal issuers
- 51-505 Companion Policy - Transitional exemptions for Bourse de Montréal issuers
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This BCN announces that the Commission has made BC Instrument 51-505 and Companion Policy 51-505CP.
The Instrument exempts Bourse de Montréal issuers (including certain applicants for listing) that become listed on CDNX from continuous disclosure obligations and filing fees in BC. It also exempts these issuers from the provision in NI 43-101 (the national mining rule) that requires an issuer to file a technical report for each of its material properties when it first becomes a reporting issuer in a province.
The relief under the Instrument expires May 31, 2002.
- BC Notice 2001/66 - National Policy 46-201 Escrow for Initial Public Offerings and Form 46-201F Escrow Agreement
This BCN announces that effective September 21, 2001, the Commission, together with other CSA members, is implementing National Policy 46-201 on an interim basis. Also effective September 21, 2001, the Executive Director specifies Form 46-201F for use in connection with the National Policy.We are seeking comments on the National Policy and Form and invite you to submit your written comments on or before November 20, 2001.
News & Events
- News Release 2001/41 - Commission bans stock manipulator from securities markets for life (see below for the Robert A. Diiani decision)
- News Release 2001/42 - BCSC Warns of Opportunistic Investment Scams in Wake of U.S. Terrorist Attacks
Decisions, Settlements, Hearings, and Temporary Orders
- Robert A. Diiani - Decision
- Pacific International Securities Inc., et al - Hearing Adjournment
- H & R Enterprises, Inc. - Hearing Adjournment
- Jesse J. Hogan - Hearing Adjournment
- Jesse J. Hogan - Amended Notice of Hearing Under Section 161
Cease Trade Orders & Revocations
Search for cease trade orders and revocations using Market Regulation Services National CTO database (link no longer operational).
- Acer Capital Corp. - Cease Trade Order under Section 164
- Aimglobal Technologies Company Inc. - Revocation Order under Section 171
- Naxos Resources Ltd. - Cease Trade Order under Section 164
- Progressive Applied Technologies Inc. - Cease Trade Order under Section 164
- Pro-Tech Ventures Corp. - Cease Trade Order under Section 164
Exemptions and MRRS Orders
Some discretionary and MRRS orders are located in the Temporary Orders section of Decisions & Orders
- USC Horizon Education Savings Plan, et al - MRRS
- O&Y Real Estate Investment Trust - MRRS
- Telesystem International Wireless Inc. - Exemption Order under Section 87 of the Company Act
- Bambuu Ltd. - MRRS
- Natural Gas Exchange Inc., et al - Exemption Order under Sections 48, 60 & 171
- Merrill Lynch Financial Assets Inc., et al - MRRS
- Qtrade Canada Inc. - Exemption Order under Sections 48 & 76