On December 8, 2022, the Canadian Securities Administrators (the "CSA") and the Investment Industry Regulatory Organization of Canada ("IIROC") jointly published Staff Notice 23-329: Short Selling in Canada (the "Short Selling Notice"), which reviews the current regulatory requirements and initiatives with respect to short selling and seeks public feedback on areas for regulatory consideration.
Certain lawyers at McMillan have prepared a response (the "Comment Letter") in writing to the request for comments by the CSA and IIROC (now the New Self-Regulatory Organization of Canada) with respect to the questions set out in the Short Selling Notice. Please click on the link below to access the Comment Letter in full:
The foregoing provides only an overview and does not constitute legal advice. Readers are cautioned against making any decisions based on this material alone. Rather, specific legal advice should be obtained.
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