ASC rule consolidates local prospectus exemptions

Posted on June 23, 2010

As we discussed back in February, the Alberta Securities Commission (ASC) previously published a proposed rule to consolidate the remaining local prospectus exemptions available in Alberta along with related requirements contained in the ASC Rules. On June 4, the ASC announced that it had approved the local rule.

ASC Rule 45-511 Local Prospectus Exemptions and Related Requirements and Consequential Amendments to Alberta Securities Commission Rules (General)

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