Toronto – The Canadian Securities Administrators
(CSA) has extended to February 16, 2009, the public comment period
for its consultation paper outlining securities regulatory proposals
related to the Canadian non-bank sponsored asset-backed commercial
paper (ABCP) market. The consultation paper entitled Securities
Regulatory Proposals Stemming from the 2007-08 Credit Market Turmoil
and its Effect on the ABCP Market in Canada was published on
October 6, 2008 with a comment period to end on December 20, 2008.
The CSA made the extension at the request of constituents.
The Consultation Paper is available on the websites of various
The CSA, the council of the securities regulators of Canada’s
provinces and territories, co-ordinates and harmonizes regulation
for the Canadian capital markets.
For more information:
| Laurie Gillett
Ontario Securities Commission
Manitoba Securities Commission
Autorité des marchés financiers
New Brunswick Securities Commission
British Columbia Securities Commission
Nova Scotia Securities Commission
Alberta Securities Commission
Saskatchewan Financial Services Commission
Department of the Attorney General
Prince Edward Island
Financial Services Regulation Div.
Newfoundland and Labrador
Yukon Securities Registry
Nunavut Securities Office