Revised Consultation Draft Capital Markets Stability Act (Canada)
The release of the revised consultation draft Capital Markets Stability Act (Canada) (CMSA) is part of the publication of the legislation related to the Cooperative System. A commentary summarizes comments on the first consultation draft of the CMSA, and highlights some of the changes that have been incorporated into the revised consultation draft.
A blacklined version of the CMSA shows changes from the first consultation draft of the legislation. In addition, a table of concordance reflects numbering changes from the first consultation draft.
Comment letters on the revised consultation draft Capital Markets Securities Act (CMSA) have been posted.
Revised Consultation Draft Provincial/Territorial Capital Markets Act
The release of the revised consultation draft of the provincial/territorial Capital Markets Act (CMA), formerly called the Provincial Capital Markets Act, is part of the summer 2015 publication of legislation and regulations related to the Cooperative System. The CMA modernizes existing provincial and territorial securities legislation and harmonizes the regulatory approaches taken by the participating provinces and territory. The comments received on the first consultation draft were discussed and considered in the context of ongoing work on the CMA. A Commentary updates the commentary on the first consultation draft of the CMA, and highlights some of the changes that have been incorporated into the revised consultation draft.
A chart summarizes and responds to the comments. In addition, a blacklined version of the CMA shows changes from the first consultation draft of the legislation.
A chart provides an overview of the proposed approach to transitioning market participants to the Cooperative System and the CMA and the regulations under it.
Comment letters on the revised consultation draft provincial/territorial Capital Markets Act (CMA) and draft initial regulations have been posted.