Recent Developments and Conclusion

• Author: Christopher C. Nicholls, Jeffrey G. Macintosh
• Pages: 367-377

RECENT

DEVELOPMENTS

A.

RECENT DEVELOPMENTS

Since

the

material

in the

previous chapters

was

written, there have

been

a

number

of

important recent developments

in

securities regula-

tion.

We

will touch upon three

of

those developments

in

this chapter:

• The

February 2002 British Columbia Securities Commission's

Concept Paper entitled,

"New

Concepts

for

Securities Regulation"

•

Approval

of

National Instruments

54-101

and

54-102,

and the

imminent rescission

of

National Policy

No. 41

• The

OSC's recently announced policy

to

give "credit"

to

those

who

cooperate with

OSC

investigations

1)

British

Columbia

Securities Commission

Concept Paper

In

February 2002,

the

British Columbia Securities Commission pub-

lished

a

concept paper entitled "New Concepts

for

Securities

Regulation."

Arising

from

the

British Columbia Commission's deregu-

lation

project,

the

concept paper's deregulation goal

is

evident

from

the

notice accompanying

its

release.

The

paper

discusses

six

central concepts:

• A

proposed continuous market access system

367

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AND

CONCLUSION