Regulations governing insiders
In this section you will find references and links to securities regulations that apply to insiders. These references and links are presented in numerical or chronological order and are listed under various types of regulations.
Securities Act
Chapter II, Title I of the Act: Interpretation
- Sections 5, 8 and 9 of the Act
Chapter I, Title III of the Act: Reporting Issuer
- Section 68 of the Act
Chapter IV, Title III of the Act: Insider Reports
- Sections 89 to 103 of the Act
Chapter V, Title IV of the Act: Various Reports
- Sections 147.11 to 147.16 of the Act
Chapter I, Title VII of the Act: Use of Privileged Information and Miscellaneous Prohibitions
- Sections 187 to 191 of the Act
Chapter II, Title VII of the Act: Offences
- Sections 195 to 197 of the Act
Chapter III, Title VII of the Act: Penal Provisions
- Sections 202 to 213 of the Act
Chapter III, Title VIII of the Act: Use of Privileged Information
- Sections 226 to 228 of the Act
Securities Regulation 
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Chapter IV, Title III: Insider Reports
- Sections 171 to 175 of the Regulation
Chapter VII, Title V: Opening of Accounts and Obligations Towards Customers
- Section 242.1 of the Regulation
Schedule XIX: Insider Reports
Regulations and Policy Statements
- Regulation 14-101 respecting Definitions (pdf - 284 KB)This link will open in a new windowUpdated on January 26, 2011 - Insider Reporting Requirements
- National Policy 51-201: Disclosure Standards (pdf - 294 KB)This link will open in a new windowUpdated on May 31, 2013Designated rating organizations - (Part III ) - Section 3.1: Tipping and Insider Trading
- National Instrument 55-102: System for Electronic Disclosure by Insiders (SEDI) (pdf - 679 KB)This link will open in a new windowUpdated on October 15, 2013SEDI
- Companion Policy 55-102: System for Electronic Disclosure by Insiders (SEDI) (pdf - 24 KB)This link will open in a new windowUpdated on August 4, 2005
- Regulation 55-104 respecting Insider Reporting Requirements and Exemptions (pdf - 464 KB)This link will open in a new windowUpdated on April 19, 2017Insider reporting requirements and exemptions
- Policy Statement to Regulation 55-104 respecting Insider Reporting Requirements and Exemptions (pdf - 274 KB)This link will open in a new windowUpdated on May 6, 2016policy statement,regulation, 55-104,insider reporting,requirements,exemptions
- Regulation 62-103 respecting the Early Warning System and Related Take-Over Bid and Insider Reporting Issues (pdf - 439 KB)This link will open in a new windowUpdated on May 6, 2016Early warning system and related take-over bid and Insider reporting issues
Notices
- Avis 55-301 du personnel des ACVM : Dépôt des déclarations d'initiés par télécopieur et dispense pour rattachement ténu à un territoire (January 24, 1997) (Available in French only)
- CSA Staff Notice 55-312 (revised): Insider Reporting Guidelines for Certain Derivative Transactions (Equity Monetization) (pdf - 451 KB)This link will open in a new windowUpdated on June 11, 2010Insider Reporting Guidelines for Certain Derivative Transactions (Equity Monetization) (June 11, 2010)
- CSA Staff Notice 55-315: Frequently Asked Questions about Regulation 55-104 respecting Insider Reporting Requirements and Exemptions (pdf - 71 KB)This link will open in a new windowUpdated on April 28, 2010Frequently Asked Questions about Regulation 55-104 (April 28, 2010)
- CSA Staff Notice 55-316: Questions and Answers on Insider Reporting and the System for Electronic Disclosure by Insiders (SEDI) (pdf - 255 KB)This link will open in a new windowUpdated on June 11, 2010Questions and Answers - Insider Reporting and the System for Electronic Disclosure by Insiders (SEDI) (June 11, 2010)