Notice

Multilateral Instrument 45-105 Trades to Employees, Senior Officers, Directors and Consultants Comes Into Force on August 15, 2003 

The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2003 (No. 3) will come into force on August 15, 2003.  The regulations adopt Multilateral Instrument 45-105 Trades to Employees, Senior Officers, Directors and Consultants  (“MI 45-105”). 

MI 45-105 provides exemptions from the prospectus and registration requirements for trades of an issuer’s securities to the issuer’s employees, non-employee directors and certain consultants.  MI 45-105 consolidates and makes uniform current equivalent exemptions in Saskatchewan and other provinces. 

July 11, 2003

Contact:

Dean Murrison
Deputy Director, Legal
Securities Division
Saskatchewan Financial Services Commission
(306) 787-5879
dmurrison@sfsc.gov.sk.ca