Following the decision to add Nova Scotia to the capital pool company program, the regulators and the TSX Venture Exchange Inc. are seeking to amend their existing agreement.
The Ontario Securities Commission’s latest bulletin includes an amended CPC Operating Agreement among the OSC, TSX Venture Exchange Inc., the B.C. Securities Commission, the Alberta Securities Commission, the Saskatchewan Financial Services Commission, the Manitoba Securities Commission, and the Nova Scotia Securities Commission.
The amended agreement replaces the existing CPC Operating Agreement, signed in June 2002. The existing agreement was made in connection with the introduction of the TSX Venture’s capital pool company program into Ontario.
The purpose of the amended agreement is to allow the NSSC to be added as a signatory. And, it also incorporates several other minor housekeeping amendments.
The amended agreement has been delivered to the chairman of Management Board of Cabinet and should come into effect by June 17.