Investment Dealer Exemption


On January 14, the BCSC and four other provincial securities regulators implemented a new investment dealer prospectus exemption. This new exemption is designed to help listed companies raise money and allow retail investors to participate in private placements, while maintaining appropriate investor protection.

In BC, the exemption is found in BC Instrument 45-536 - Exemption from prospectus requirement for certain distributions through an investment dealer.

To help industry participants learn about the new exemption, BCSC staff organized and held two information sessions on February 23, 2016 in Vancouver. During each 60-minute presentation and Q&A session, BCSC staff detailed the exemption and its key conditions and explained how issuers can meet the requirements of the new exemption in practice.

The presentation (available with audio):

Please contact us if you have any questions about the exemption.
Leslie Rose, Senior Legal Counsel 604-899-6654
Larissa Streu, Senior Legal Counsel 604-899-6888
Elliott Mak, Senior Legal Counsel 604-899-6501
BCSC Inquiries 604-899-6854