News Releases
Extension of Consultation Period – Proposed National Policy 25-201 Guidance for Proxy Advisory Firms
Jun 12, 2014
The Canadian Securities Administrators (CSA) is extending the comment period on proposed National Policy 25-201 Guidance for Proxy Advisory Firms (Proposed Policy) from June 23, 2014 to July 23, 2014.
The CSA is extending the deadline after receiving feedback from some stakeholders that it would be beneficial for all stakeholders to have additional time to properly review and assess the Proposed Policy and prepare comments.
The CSA is proposing a policy-based approach, providing guidance on recommended practices and disclosure for proxy advisory firms to promote transparency in the services they provide to clients and to foster an understanding among market participants about proxy advisory activities. The CSA is seeking feedback on the Proposed Policy generally and on specific questions.
The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.
For more information:
Alison Walker
British Columbia Securities Commission
604-899-6713
Tanya Wiltshire
Nova Scotia Securities Commission
902-424-8586
Don Boyles
Office of the Superintendent of Securities
Newfoundland and Labrador
709-729-5401
Jeff Mason
Nunavut Securities Office
867-975-6591
Denny Huyghebaert
Financial and Consumer Affairs Authority of Saskatchewan
306-787-5548
Sylvain Théberge
Autorité des marchés financiers
sylvain.theberge@lautorite.qc.ca
Carolyn Shaw-Rimmington
Ontario Securities Commission
416-593-2361
Andrew Nicholson
Financial and Consumer Services Commission, New Brunswick
506-658-3021
Janice Callbeck
The Office of the Superintendent of Securities, P.E.I.
902-368-6288
Rhonda Horte
Office of the Yukon Superintendent of Securities
867-667-5466