Page 7 - Securities Administrators News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: On Dec. 1, 2020, the New York Department of Law modernized its dealer rules to more closely align with federal requirements for a Regulation D Rule 506 offering. Under the amended rules, an issuer conducting a Rule 506 offering in New York must file a copy of the federal Form D with New York’s Investor Protection Bureau in lieu of the pre-offer Form 99 filing previously required. Amended Rules for Issuers Conducting Rule 506 Offerings Effective Dec. 2, 2020, issuers conducting a private placement offering in compliance with Rule ...

To embed, copy and paste the code into your website or blog: New York recently adopted new rules to, among other things, eliminate its cumbersome and confusing Form 99 blue sky notification filing requirement for many Regulation D offerings and instead require electronic notice filings on Form D for those offerings.  New York’s Martin Act previously required companies to manually file an originally-signed Form 99 before offering or selling private placement securities to New York investors.  Effective December 2, 2020, New York’s new Regulation D filing procedures are now generally con...

The Globe and Mail Larry MacDonald Published December 10, 2020 Bookmark Except for a few rallies along the way, short sellers on the Toronto Stock Exchange (TSX) have been in full retreat in recent months – as highlighted by the short position in the iShares S&P/TSX 60 exchange-traded fund (ETF). On Nov. 30, it stood at 70 million units, down considerably from 120 million units in July. Bearish bets at the sector level The three most shorted sectors as of Nov. 30 were preferred shares, energy companies and banks, as represented, respectively, by the BMO Laddered Preferred Shares, iS...