In late 2004, new securities legislation will introduce significant changes to the manner in which capital markets are regulated in British Columbia. The ambitious regulatory goal of the new and significantly streamlined legislation is a responsive, flexible and results-based approach to securities regulation that protects investors while minimizing the regulatory burden on industry. Although time will tell if this goal is achieved, not surprisingly the short-term focus of most market participants is the manner in which this legislation will impact their business.

type Investment Funds Advisory - September 2004 - New Securities Legislation in British Columbia