Office of the Superintendent of Securities

CSA Policies

11-201

 

National Policy

In effect Jan 1, 2000.

 

 

Delivery of Documents by Electronic Means

States the views of the CSA on how obligations imposed by securities legislation to deliver documents can be satisfied by electronic means.

Amendments In effect Feb 14, 2003

Consolidated version

11-202

 

National Policy

In effect March 17, 2008

Process for Prospectus Reviews in Multiple Jurisdictions

Sets out the processes for the filing and review of prospectuses in multiple jurisdictions and includes interfaces for market participants in passport applications to gain access to the Ontario markets. 

Amendments to NP 11-202 in effect September 28, 2009

11-203

 

National Policy

In effect March 17, 2008

Process for Exemptive Relief Applications in Multiple Jurisdictions

Sets out the processes for the filing and review of exemptive relief applications in multiple jurisdictions and includes interfaces for market participants in passport applications to gain access to the Ontario markets. 

Amendments to NP 11-203 in effect September 28, 2009

11-204

National Policy

In effect September 28, 2009

Process for Registration in Multiple Jurisdictions

Describes procedures for a firm or individual to register in more than one Canadian jurisdiction.

12-202

National Policy

In effect July 27, 2007.

Revocation of a Compliance-related Cease Trade Order

Outlines what issuers, security-holders or other parties must do to apply for a partial or full revocation of a compliance-related cease trade order.

Amendments to NP 12-202 In effect March 17, 2008.

12-203

National Policy

In effect September 1, 2008.

Cease Trade Orders for Continuous Disclosure Defaults

Provides guidance to reporting issuers, investors and market participants as to how the CSA will generally respond to certain types of continuous disclosure defaults.

12-304

 

National Policy

In effect August 11, 2000

Mutual Reliance Review System for Exemptive Relief Applications Frequently Occurring Issues

Gives guidance on procedures and issues under the Mutual Reliance Review System for Exmeptive Relief Applications.

12-309

National Policy

In effect September 19, 2005

Impact of the Principal Regulator System on the MRRS for Exemptive Relief Applications

Provides guidance on how the principal regulator system works in conjunction with the MRRS for Exemptive Relief for issuers that need an exemption from continuous disclosure or prospectus eligibility requirements.

34-202

 

Multilateral Policy

In effect Oct 16, 1998.

Registrants Acting as Corporate Directors

Expresses the views of the CSA as to the potential for conflicts of interest arising if a registrant acts as a director of or advisor to a reporting issuer.

41-201

National Policy

In effect December 3, 2004.

Income Trusts and Other Indirect Offerings

Establishes a mutual reliance review system for prospectuses and AIFs.

Amendments to NP 41-201 In effect December 31, 2007

46-201

 

National Policy

In effect June 30, 2002

NP 46-201 Escrow for Initial Public Offerings

Describes the circumstances in which securities regulators will require an escrow of shares of a company on a initial public offering.  Describes uniform terms of an escrow agreement to be used throughout Canada.

Form 46-201F1 Escrow Agreement

47-201

 

National Policy

In effect Jan 1, 2000.

Trading Securities Using the Internet and Other Electronic Means

States the views of the CSA on a number of matters relating to the use of the Internet and other electronic means of communication in connection with trades and distributions of securities.

51-201

National Policy

In effect July 12, 2002

Disclosure Standards

Describes timely disclosure obligations for reporting issues and provides guidance on legislative prohibitions against selective disclosure.  Also lists "best disclosure" practices and gives examples of types of information likely to be material.

Amendments to NP 51-201 In effect December 31, 2007

58-201

 

National Policy

In effect June 30, 2005

Corporate Governance Practices

Provides guidance on corporate governance practices. 

62-202

 

National Policy

In effect Aug 4, 1997.

Take-over Bids - Defensive Tactics

States the view of the CSA on take-over bid defensive tactics. Indicates that securities regulatory authorities will take appropriate action if they become aware of defensive tactics that are likely to deny or limit the ability of shareholders to respond to a take-over bid or competing bid.

62-203

 

National Policy

In effect Feb 1, 2008

Take-Over Bids and Issuer Bids

Contains explanations and discussions of Multilateral Instrument 62-104 Take-Over Bids and Issuer Bids, Part XX - Take-Over Bids and Issuer Bids of the Securities Act (Ontario) and Ontario Securities Commission Rule 62-504 Take-Over Bids and Issuer Bids.

81-305

 

National Policy

In effect November 19, 1999

Staff Notice 81-305 National Policy 12-201 Mutual Reliance Review System for Exemptive Relief Application ("ERA") - ERA and Applications for Approvals or Exemptions under National Policy No. 39 "Mutual Funds".

Communicates the view of CSA staff on how the MRRS for Exemptive Relief Applications relates to applications for approvals and exemptions made under National Policy 39 Mutual Funds.

Table last updated November 19, 2009