Regulating the venture market: CPA Canada response to CSA multilateral consultation paper 51‐403

Learn CPA Canada’s response to the Canadian Securities Administrators (CSA) 2010 consultation paper Tailoring Venture Issuer Regulation (51-403).

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In 2010, a CSA consultation by several provincial securities regulators sought to improve the quality of corporate governance and disclosure in venture issuers. They drafted The Multilateral Consultation Paper 51-403 Tailoring Venture Issuer Regulation and asked market stakeholders, investors and associations for their feedback.

In its response, CPA Canada provided comments on a number of issues, including:

  • periodic financial disclosure
  • governance standards
  • enhanced certifications
  • governance disclosures

This document was originally prepared by a legacy CPA organization.