Investment Dealer Exemption
On January 14, the BC Securities Commission and four other provincial securities regulators implemented an investment dealer prospectus exemption. This exemption is designed to help listed companies raise money and allow retail investors to participate in private placements, while maintaining appropriate investor protection.
In BC, the exemption is found in BC Instrument 45-536 - Exemption from prospectus requirement for certain distributions through an investment dealer.
- Investment Dealer Exemption – presentation slides
- Investment Dealer Exemption – presentation handouts
- Multilateral CSA Notice 45-318 - Prospectus Exemption for Certain Distributions through an Investment Dealer and related documents
- Multilateral CSA Staff Notice 45-321 - Frequently Asked Questions about the Investment Dealer Prospectus Exemption
Please contact us if you have any questions about the exemption:
Leslie Rose, Senior Legal Counsel, 604-899-6654
Larissa Streu, Senior Legal Counsel, 604-899-6888
Elliott Mak, Senior Legal Counsel, 604-899-6501
BCSC Contact Centre, 604-899-6854