Proposed Changes to Early Warning Reporting System Address Market Transparency and Shareholder Activism in Canada
Under Canada’s early warning reporting (EWR) system, investors holding 10% or more of a public company’s voting securities must publicly report their ownership levels, the purpose of the transaction and any future intention to accumulate more securities. Eligible institutional investors can report more slowly than EWR filers and provide less information by making use of the alternative monthly reporting system (AMR). Read more.
alternative monthly reporting AMR derivative early warning reporting EWR institutional investor Securities Lending voting security