In accordance with National Instrument 51-102 Continuous Disclosure Obligations, high-quality financial reporting is required from companies that are reporting issuers in Nova Scotia.
The NSSC conducts regular reviews of financial statements which is separate from its review of offering documents. The aim is to review information that companies provide on an ongoing basis.
The CEDC [also known as Community Economic Development Investment Funds (CEDIFs)] List is compiled by Nova Scotia Securities Commission (NSSC) staff for the public to easily identify companies that are CEDCs under Nova Scotia securities laws. The list does not represent a list of CEDIFs conducting an active offering.
The CEDC list is generally updated on a bi-weekly basis.
A Community Economic and Development Investment Fund (CEDIF) is a pool of capital which is raised from individuals within Nova Scotia to invest in for-profit entities within a defined community. These funds are controlled by a local group of officers and directors, who may be chosen by the founders and promoters of the CEDIF or by the CEDIF’s investors at an annual general meeting.
Reporting Issuers
The Reporting Issuer List is compiled by Nova Scotia Securities Commission (NSSC) staff for the public to easily identify companies that are Reporting Issuers (RIs)under Nova Scotia securities laws.
The following crypto asset trading platforms have received exemptive relief to offer crypto products to investors in Nova Scotia:
The Nova Scotia Securities Commission (NSSC) is one of the 46 regulatory bodies in Nova Scotia that abides by the Fair Registration Practices Act (FRPA).
A regulatory body sets the standards and regulates how people practise as members of a regulated occupation. Everyone who practises a regulated occupation needs to register with the regulatory body. The NSSC is the regulatory body for the securities industry in Nova Scotia.
The NSSC has the statutory power to recognize exchanges, clearing agencies, trade repositories, and self-regulatory organizations (SROs), and to set out the terms and conditions under which they are regulated. The Canadian Securities Administrators (CSA) have also developed a framework for regulating Alternative Trading Systems (ATSs).
Certain market participants that trade or advise in securities in Nova Scotia must register under section 31 of the Securities Act, unless they rely on a registration exemption.
Effective April 1, 2025, the Nova Scotia Securities Commission (NSSC) will delegate its registration function for investment dealers and mutual fund dealers, and the individuals who act on their behalf, to the Canadian
Firms must register with the NSSC if they conduct any of the following activities in Nova Scotia: