Notice of Ministerial Approval of Rules and Consequential Amendments related to SEDAR+

Notice of Ministerial Approval of Rules and Consequential Amendments related to SEDAR+

Notice of Ministerial Approval of Rules and Consequential Amendments

Ministerial Approval

The Ontario Minister of Finance recently approved the following made by the Ontario Securities Commission related to SEDAR+:

  • amendments to MI 13-102 System Fees (MI 13-102),
  • adoption of National Instrument 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) (NI 13-103), which includes the repeal of National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR), and
  • consequential amendments to various rules (collectively, the Rules and Consequential Amendments).

The Rules and Consequential Amendments, as well as Companion Policy 13-103CP System for Electronic Data Analysis and Retrieval+ (SEDAR+) and consequential changes to various policies (the CP Changes), were published in the Bulletin on March 23, 2023. The same material is being published today in Chapter 5 of this Bulletin.

The Rules, Consequential Amendments and CP Changes will become effective on June 9, 2023.

Deferral of SEDAR+ Launch

As announced by the CSA on June 1, 2023, the launch of SEDAR+ has been deferred to July 25, 2023, with a contingency date in September. To support the launch deferral, today, the CSA is also publishing substantively harmonized exemptions from certain filing requirements and a related CSA Notice. Each member of the CSA is implementing the relief through a local blanket order entitled Coordinated Blanket Order 13-931 Exemptions from certain filing requirements in connection with the deferred launch of the System for Electronic Data Analysis and Retrieval +.

Questions

Please refer your questions to either of the following:

Melissa Taylor
Senior Legal Counsel, Corporate Finance
[email protected] 
Ashley Hsu
Legal Counsel, General Counsel's Office
[email protected]