Staff of the NSSC are aware that the union representing postal workers has given notice of its intent to strike starting this Thursday (June 2) evening, unless a settlement Our securities rules contain various requirements on delivery of documents to the shareholders of public companies and community economic-development corporations. A full postal service work stoppage would affect companies that use regular mail to send documents in compliance with these requirements. The NSSC and other Canadian Securities Administrators are monitoring the situation. If a full postal service work stoppage occurs, we will publicly communicate further information. In the meantime, we encourage companies to consult with their service providers and legal advisers as to alternate delivery options for proxy-related materials, The union representing postal workers has given notice of its intent to strike starting this evening (June 2), unless a settlement is reached. Nova Scotia securities rules require public companies and community economic-development corporations to deliver disclosure and voting or proxy materials to shareholders. A postal strike could affect companies that use regular mail to meet these requirements. The Nova Scotia Securities Commission and other Canadian Securities Administrators are monitoring the situation. If a full postal service work stoppage occurs, we will respond with more information. In the meantime, we encourage companies to consult with their service providers and legal advisers as to alternate delivery options. Related posts:Would you recommend your financial adviser? It’s been a bleak year on the markets, and that…Mint.com comes to Canada The #1 online personal finance service in America has now…Investment Spam We all get them. Spam email telling us about the…CEDIFs – a local investment option for your RRSP Special guest post by Kevin Redden, Director of Corporate Finance…Commission issued $632,500 in administrative penalties in 2009 In its effort to protect Nova Scotian investors and capital…Tagged as: CEDIF, disclosure, shareholders Share & Bookmark This Story! Bookmark on Delicious StumbleUpon Google Bookmarks Tip’d
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