Take-over targets can complete private placements where they have a genuine need for financing, said the British Columbia Securities Commission in its recent decision.
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ISS Announces 2016 Policy Changes and Expected December Release of Proxy Access FAQs; Both ISS and Equilar/Glass Lewis Open Peer Submission Window.
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The Toronto Stock Exchange (TSX) has implemented amendments (Amendments) to its Company Manual to modify and expand the exemptions available to TSX issuers listed on one or more other exchanges (interlisted issuers) where the primary market is an exchange other than the TSX. The Amendments came into effect on September 10, 2015.
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Proxy advisory firm Glass Lewis recently issued its U.S. voting policy guidelines for the 2016 proxy season. The guidelines include a few key changes, a summary of which is outlined in this article.
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Research shows that investments by "highly politicized" sovereign wealth funds can be detrimental to company performance.
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The proportion of women on Canadian corporate boards took its largest leap ever in 2015 to almost 20 per cent, but Canada continues to slide behind globally as other major countries move even more quickly to embrace diversity.
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Wall Street's private stock markets would have to reveal whether they favor any particular users including high-frequency traders under a proposal approved Wednesday by the U.S. Securities and Exchange Commission.
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Companies are taking steps on their own to make their financial reports and disclosures more understandable, according to a new report.
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The Ontario Securities Commission (OSC) and other participating jurisdictions have published Multilateral Instrument 45-108 Crowdfunding, which includes a prospectus exemption for equity crowdfunding and a registration framework for funding portals, in final form (the "45-108 Crowdfunding Regime"). Subject to ministerial approvals, the 45-108 Crowdfunding Regime will come into force in Ontario on January 25, 2016.
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