On September 18, the Ontario Securities Commission (OSC) announced that Ontario's Minister of Finance has approved National Instrument 31-103 Registration Requirements and Exemptions and related consequential amendments. The amendment and restatement of National Instrument 45-106 Prospectus and Registration Exemptions and related consequential amendments have also been approved.

For more comprehensive information regarding these instruments, see our earlier posts regarding NI 31-103 and NI 45-106. The amended instruments, forms and rules are scheduled to become effective on September 28, 2009.