OSC Staff Notice 58-701: Extension of Consultation Period on 58-401

OSC Staff Notice 58-701
Extension of Consultation Period

OSC Staff Consultation Paper 58-401
Disclosure Requirements Regarding Women on Boards and in Senior Management

September 20, 2013

On July 30, 2013, the Ontario Securities Commission (OSC) published OSC Staff Consultation Paper 58-401 Disclosure Requirements Regarding Women on Boards and in Senior Management (the Consultation Paper), which sought input on a proposal that would require TSX-listed companies to provide disclosure regarding women on boards and in senior management. A copy of the Consultation Paper can be found on the OSC website at the following link: http://www.osc.gov.on.ca/en/SecuritiesLaw_sn_20130730_58-401_disclosure-requirements-women.htm

The comment period is scheduled to close on September 27, 2013. We have received feedback from several stakeholders that due to the breadth and complexity of the issues identified in the Consultation Paper, it would be beneficial for stakeholders to have additional time to review the Consultation Paper and prepare comments. We therefore are extending the comment period from September 27, 2013 to October 4, 2013.

Please refer any questions to:

Monica Kowal, General Counsel
General Counsel’s Office
Ontario Securities Commission
416-593-3653
[email protected]

Jo-Anne Matear, Manager
Corporate Finance Branch
Ontario Securities Commission
(416) 593-2323
[email protected]

Stephanie Tjon, Legal Counsel
Corporate Finance Branch
Ontario Securities Commission
(416) 593-3655
[email protected]