++ Action Item: Interested parties, currently members of CATAAlliance can request a detailed 56 page Crowdfunding update prepared by Canadian Securities Administrators (Multilateral CSA Notice 45-316 Registration and Prospectus Exemptions Start-up Crowdfunding) at this URL:
The securities regulatory authorities (the participating regulators or we) of British
Columbia, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia (the participating jurisdictions) are adopting substantially harmonized registration and prospectus exemptions (together, the start-up crowdfunding exemptions) that allows start-up and early stage companies to raise capital in these jurisdictions, subject to certain conditions. The participating regulators have implemented, or expect to implement, the start-up crowdfunding exemptions by way of local blanket orders (the start-up crowdfunding exemption orders).
++ Action Item: Please join CATA's moderated Social Media network today (11000 members) in order to benefit from updates and alerts and to add your thoughts on topics of the day: Your signup URL is found at: http://www.linkedin.com/groups/Canadian-Advanced-Technology-Alliance-CATA-37239/about