May 24, 2006


Alberta Tables Legislation Introducing Civil Liability For Secondary Market Disclosure
by: Alasdair J. Federico, Brandon Kain, Edward P. Kerwin, John S. Osler, Cameron F. Schepp

In March 2006, the Alberta Legislature tabled Bill 25, the Securities Amendment Act, 2006, which, if enacted, will create civil liability for secondary market disclosure under the Securities Act (Alberta) for misrepresentations and omissions made by persons associated with Alberta reporting issuers, and with public issuers having a real and substantial connection to Alberta.


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