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Financial Services Commission
   Securities Division

 
Notice

General Rulings/Orders – repealed March 23, 2007

The Director of the Securities Division repealed the following General Ruling/Orders on Friday, March 23, 2007 for the reasons stated: 

    Date in force Purpose Reason for repealing
31-901 Advisors to Immigrant Investment Syndicates Apr 20, 1990. Varies certain registration requirements for advisers to immigrant investment syndicates on certain conditions. There are no advisers currently registered in this category.  It has become irrelevant.

32-901

Direct Purchase Plans

August 21, 2002

Grants an exemption permitting a reporting issuer (other than a mutual fund) and an administrator of the reporting issuer to trade in the issuer's own securities under a direct purchase plan, subject to certain conditions.

This registration exemption only, and is not used.  The prospectus requirement still applies. 

51-907

Venture Issuers Trading on Certain Foreign  Markets

March 30, 2004.

Amended Feb 15, 2005

Grants an exemption from the requirement in the definition of "venture issuer" in NI 51-102  that a reporting issuer not have any of its securities listed on a marketplace outside of Canada or the US.

National Instrument  51-102 Continuous Disclosure Requirements has been amended so that this exemption is no longer required.

51-908

Exemption from Interim Periods in Non-Standard Financial Years

November 1, 2004

Grants an exemption from the requirement to file financial statements for interim periods ending 9, 6 and 3 months before the end of its financial to issuers that have non-standard financial years.

National Instrument  51-102 Continuous Disclosure Requirements has been amended so that this exemption is no longer required.

91-902 The Toronto Futures Exchange Nov 7, 1988. Exempts trades in specified futures contracts entered into on the Toronto Futures Exchange and cleared through a specified clearing corporation from the registration and prospectus requirements on certain conditions. This general exemption order is no longer relevant because the Toronto Futures Exchange no longer exists.
91-903 Trading on the Toronto Futures Exchange of Toronto Stock Exchange Spot Index Contracts Nov 7, 1988. Exempts trades in specified contracts entered into on the Toronto Futures Exchange and settled in cash from the registration and prospectus requirements on certain conditions. This general exemption order is no longer relevant because the Toronto Futures Exchange no longer exists.

Staff Notice 51-705 that provided background to GRO 51-908 Exemption from Interim Periods in Non-Standard Financial Years is also revoked.

March 23, 2007

Contact:

Barbara Shourounis
Director, Securities Division
(306) 787-5842
bshourounis@sfsc.gov.sk.ca 

 

 

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