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Securities Law

NIN 96/01 - Information Sessions in Kelowna, Kamloops, Prince George and Victoria [NIN - Rescinded]

Published Date: 1996-01-05
Effective Date: 1996-01-04
The Commissions Special Supplement to the Weekly Summary for the week ending November 24, 1995 contained the Securities Rules, a substantial package of amendments to the Securities Act, a repealed and replaced Securities Regulation and Registration Transfer Regulation, and certain forms. These amendments reflect a number of important initiatives of the Government and the Commission, as well as the response of the Government to the Matkin Report. The amendments will be brought into force effective January 1, 1996.

The amendments to the Act were all previously published in the Weekly Summary in 1989, 1990, 1992 and in the summer of 1995. The bulk of the amendments to the Regulation and Registration Transfer Regulation were published for comment in October 1994, at which time information sessions for securities industry participants were held in Vancouver to explain the provisions and to receive comment on them. The Commission also held a series of information sessions about the initiatives in Vancouver in December and will be holding two more information sessions in Vancouver in January.

To help securities industry participants in Kelowna, Kamloops, Prince George and Victoria understand the proposals that will soon be in effect, the Commission will be holding information sessions in each of these centres. The sessions will provide a general overview of the amendments and direct participants attention to the elements most likely to affect them.

Securities industry participants are accordingly invited to attend one of the following sessions:
KelownaJanuary 172-4:30 p.m.Coast Capri Hotel
KamloopsJanuary 182-4:30 p.m.Coast Canadian Inn
Prince GeorgeJanuary 242-4:30 p.m.Inn of the North
VictoriaJanuary 292-4:30 p.m.Victoria Conference Centre

We hope you will be able to attend an information session. Please confirm the attendance from your office no later than two days before each session by contacting the Commissions 12th floor reception desk at 660-4800 or, toll free in B.C., 1-800-373-6393.

Additional copies

Additional copies of the Special Supplement are available for pick up from the Commissions 11th floor receptionist from 8:30 a.m. - 4:30 p.m. at a cost of $15 each. The Commission will mail a maximum of three copies per person at a cost of $17.50 each (including $2.50 postage). If more than three copies are required, you will be asked to make arrangements to have them picked up from the 11th floor receptionist. The Special Supplement is the authoritative source of the legislative changes.

Carswell is preparing a Supplement to the British Columbia Securities Act and Regulation Annotated, 1996, which will contain the Rules, new Regulation and Registration Transfer Rules, and specified forms. The Supplement will be available in January 1996 and sent automatically to standing order subscribers to the Annotation. The Carswell Annotation already contains the amendments to the Securities Act in shaded print following the provisions that they will replace. To obtain a copy of the Carswell Annotation, the Supplement or both contact:

Carswell Tel. (604) 685-8171
710-815 West Hastings Street
Vancouver, British Columbia Fax. (604) 685-5343
V6C 1B4

DATED at Vancouver, British Columbia on January 4, 1996.

Dean E. Holley
Executive Director

REF: NIN#95/39