BCN 2010/08 - Adoption of BC Instrument 32-513 Registration exemption for trades in connection with certain prospectus-exempt distributions and its companion policy [BCN]
| Published Date: | 2010-02-26 |
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| Document(s): |
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Concurrently Published:
- 32-513 - Registration exemption for trades in connection with certain prospectus-exempt distributions [BCI - Rescinded]
- 32-513CP - Registration exemption for trades in connection with certain prospectus-exempt distributions [CP - Rescinded]
Introduction
Effective March 27, 2010, the Commission is adopting:
- BC Instrument 32-513 Registration exemption for trades in connection with certain prospectus-exempt distributions, and
- BC Companion Policy 32-513CP Registration exemption for trades in connection with certain prospectus-exempt distributions.
The order provides an exemption from the dealer registration requirement for trades in securities in connection with certain prospectus-exempt distributions under National Instrument 45-106 Prospectus and Registration Exemptions.
Advance Notice
We provided advance notice of adoption in the CSA Notice Notice of National Instrument 31-103Registration Requirements (CSA Notice - July 2009 ), and in the BC Notice Advance Notice of National Instrument31-103 Registration Requirements and Exemptions, Companion Policy 31-103CP Registration Requirement and Exemptions, BC Interpretation Note XX, and BC Instrument 33-5xx and its companion policy, and consequential amendments to national and local instruments (BC Notice - July 2009), both dated July 17, 2009. Please see those notices for more information.
Questions
You may refer questions to:
Laura Bliss
Senior Legal Counsel
British Columbia Securities Commission
(604) 899-6666
(800) 373-6393 (toll free across Canada)
lbliss@bcsc.bc.ca
Mark Wang
Manager
British Columbia Securities Commission
(604) 899-6658
(800) 373-6393 (toll free across Canada)
mwang@bcsc.bc.ca
February 26, 2010
Brenda M. Leong
Chair
Ref:
National Instrument 45-106 Prospectus and Registration Exemptions
National Instrument 31-103 Registration Requirements and Exemptions
Companion Policy 31-103CP Registration Requirements and Exemptions
BC Notice 2009/12 - Advance Notice of National Instrument 31-103 Registration Requirements and Exemptions, Companion Policy 31-103CP Registration Requirements and Exemptions, BC Interpretation Note XX, and BC Instrument33-5xx and its companion policy, and consequential amendments to national and local instruments
Appendices P and Q to BCN 2009/12 - Form of blanket order providing registration exemption for capital raising and guidance to that order
CSA Notice of National Instrument 31-103 Registration Requirements and Exemptions
Appendix D to that CSA Notice Alternative approach to regulating exempt market intermediaries in certain jurisdictions