Insiders

Chapter 3 - page 30

Insiders are required to report their trading activities in its securities. Insiders are:

1- a director or senior officer of the company, or a subsidiary
2- a person or company, or director or senior officer of a company, which controls more than 10% of voting control
3- a reporting issuer that has acquired any of its securities, and
4- a director or senior officer of a company that is in itself an insider due to ownership or control of more than 10% of voting shares of the company involved

administrators can suspend, cancel or revoke registration; order trading in a security to cease; and deny the right to trade securities in a province.

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