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Financial Services Commission
   Securities Division

 
Notice

General Rulings/Orders Repealed 

On June 30, 2004, the Director of the Securities Division made an Order that repealed the following general ruling/orders for the reasons stated: 

  1. GRO 13-801 SEDAR Exemption is revoked because information about all Saskatchewan companies should be available to the public on SEDAR as stated in Saskatchewan Notice 52-701 Exemption From Filing on SEDAR;

  2. GRO 54-801 Interim Financial Statements and National Policy Statement No. 41 has been replaced by National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer;

  3. GRO 55-803 Order under Section 6.1 of National Instrument 55-102 SEDI no longer applies;

  4. GRO 43-902 Exemption from Underwriter Registration Requirements is no longer required because the underwriter registration requirement in The Securities Act, 1988 has been repealed;

  5. GRO 43-903 Exemption from Membership Qualification Requirement in 43-101 no longer applies;

  6. GRO 45-903 Community Bond Program is no longer required because the Community Bond Program has ended;

  7. GRO 45-904 Trades by Issuers in Securities to Non-employee Officers and Directors Pursuant to Security Purchase Plans has been subsumed in National Instrument 45-105 Trades to Employees, Senior Officers, Directors and Consultants;

  8. GRO 51-902 Exemption from Certain Financial Reporting Requirements has been replaced by GRO 51-906 Exemption from Certain Continuous Disclosure Requirements under National Instrument 51-102 Continuous Disclosure Obligations;

  9. GRO 52-902 US GAAP and US GAAS for SEC Issuers has been replaced by National Instrument 72-102 Continuous Disclosure and Other Exemptions Relating to Foreign Issuers; and

  10. GRO 54-901 Disclosure of Executive Compensation and Indebtedness of Directors and Senior Officers has been subsumed in National Instrument 51-102 Continuous Disclosure Obligations.

June 30, 2004 

Contact:

Barbara Shourounis
Director
Securities Division
Saskatchewan Financial Services Commission
(306) 787-5842
bshourounis@sfsc.gov.sk.ca