New Securities Class Action Exposure In Quebec: Secondary Market Liability Amendments To 'Securities Act' (Quebec).

Extract


New Securities Class Action Exposure In Quebec: Secondary Market Liability Amendments To 'Securities Act' (Quebec).

Article by Michael Bantey, [c] 2007, Blake, Cassels & Graydon LLP

Originally published in Blakes Bulletin on Securities Regulation/Litigation, November 2007

The Quebec National Assembly recently enacted amendments to the Securities Act (Quebec) introducing statutory civil liability for secondary market disclosure. These changes became effective on November 9, 2007. They are set out in An Act to amend the Securities Act and other legislative pro...

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