TSXV:KUR.H - Post by User
Post by
ice148on Feb 01, 2002 10:54am
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Post# 4718575
Due to UBS insiders/late filing etc.....
Due to UBS insiders/late filing etc.....https://www.newswire.ca/releases/February2002/01/c7988.htmlInsider reporting system shut down due to technical problems
VANCOUVER, Feb. 1 /CNW/ - Canada's securities regulators have asked CDS
INC. to suspend operation of the new insider reporting system due to technical
difficulties. The Canadian Securities Administrators (CSA) announced that the
System for Electronic Disclosure by Insiders (SEDI) is unavailable effective
immediately.
SEDI has been accepting issuer registrations since October 29, 2001.
Insider reporting began on January 21, 2002. Since that time, users have been
experiencing unacceptable delays when using the system. Both the CSA and CDS
INC. expressed their regret about the inconvenience for system users.
Securities regulators have determined that the best long-term solution is
to take the system off-line for diagnostic and repair work until the problem
can be completely remedied. The CSA and CDS INC., SEDI's developer and
operator, will make every effort to remedy the situation as quickly as
possible. It is not known at this time when the system will be back online.
The CSA will continue to update issuers and insiders on this matter.
Insiders are still required to comply with their insider reporting
obligations. Insiders can fulfil their reporting requirements by using Form
55- 102F6, which can be obtained on the website of the regulator in each
jurisdiction, or by contacting the regulator directly. Insiders can file the
form by fax, by mail or in person. The CSA will issue a notice explaining
interim reporting requirements shortly.