Friday February 26 2016
News Source: Global Exchanges
Focus: Listing Rules
Type: General
Country: Canada
Link: http://www.cnsx.ca/CNSX/About-CSE/Media/CSE-in-the-News.aspx
The Canadian Securities Exchange (CSE), in consultation with the Ontario Securities Commission (OSC), is proposing a number of new initiatives to further enhance investor protection, including new initial and continued listing requirements. These modifications are reflected in proposals published by the CSE for public review and comment and demonstrate the Exchange’s commitment to act in the public interest.
In addition to the modified listing requirements, the CSE is retaining experts to work with its listed companies to further enhance the quality of their reporting, including both financial and technical disclosure. These measures enhance issuers’ continuous disclosure, which already includes a requirement to post monthly progress reports on the CSE website.
Click on the link above for further details.