Welcome to SEDI Online Help for Agents

 

SEDI Late Fee Payment

Note

There are no fees for filing an insider report

Reporting Requirement

Alberta:

Section 182 of the Securities Act (Alberta) contains the reporting requirement.

British Columbia:

Part 12 - Section 87 of the Securities Act, R.S.B.C. 1996, c. 418 (BCSC) contains the reporting requirement.

Manitoba:

Section 109 of the Securities Act (Manitoba) contains the reporting requirement.

Ontario:

Section 107 of the Securities Act (Ontario) contains the reporting requirement.

Quebec:

Section 96, 97 of the Securities Act, and section 171, 174 of Security Regulation contains the reporting requirement.

Other jurisdictions:

Contact the appropriate Securities Commission. A complete list of addresses can be found under SEDI Contact Information.

Fee Calculation and Late Filers Lists

For insiders of reporting issuers  whose Principal Regulator is Alberta, British Columbia, Manitoba or Quebec:

Alberta:

  • $50 per calendar day per insider, per issuer, imposed by the Alberta Securities Commission

  • Subject to a maximum of $1,000 per insider, per issuer, per calendar year ending on December 31

  • The names of insiders of reporting issuers in Alberta (regardless of the location of the issuer’s head office) who filed late insider reports are included in the weekly list of Late SEDI Filers posted on the Alberta Securities Commission website

Reference: Section 23 of the fee schedule of Alberta Regulation 115/95

 

British Columbia:

  • $50 per transaction, per insider, per issuer, imposed by the British Columbia Securities Commission

Reference can be found on the BCSC website under Fees View PDF of Fee Checklist 11-901F

 

Manitoba:

  • $50 per calendar day per insider, per issuer, imposed by the Manitoba Securities Commission

  • Subject to a maximum of $1,000 per insider, per issuer, per fiscal year ending on March 31.

Reference: Section 1.(2)(ee) of Schedule A to Securities Regulation.

 

Quebec:

  • $100 per calendar day per transaction, per insider, per issuer, imposed by the Autorité des marchés financiers

  • Subject to a maximum of $5,000 per transaction

Reference: Section 271.14 of Security Regulation

 

For insiders of Ontario reporting issuers whose  Principal Regulator of the issuer is Ontario or a jurisdiction other than British Columbia, Alberta, Manitoba or Quebec:

  • $50 per calendar day per insider per issuer, imposed by the Ontario Securities Commission

  • Subject to a maximum of $1,000 per insider, per issuer within any one year beginning on April 1st and ending on March 31st

  • The OSC does not charge late fees if the issuer’s head office is located in British Columbia, Alberta, Manitoba or Quebec because each of these jurisdictions charges late fees to insiders of those issuers

Reference: Appendix D to OSC Rule 13-502.

Payment

British Columbia:

Send a cheque for the invoice value payable to the BC Securities Commission to the following address:

 

British Columbia Securities Commission

701 West Georgia Street

P.O. Box 10142, Pacific Centre

Vancouver, British Columbia, Canada

V7Y 1L2

 

Attention:  Revenue Clerk

 

Alberta:

Send a cheque for the invoice payable to the “Alberta Securities Commission” to the following address:

 

Alberta Securities Commission

Accounts Receivable  - 6th Floor

250 – 5th Street S.W.

Calgary, Alberta, Canada

T2P 0R4

 

Manitoba:

Send a cheque for the invoice payable to the “Minister of Finance” to the following address:

 

Manitoba Securities Commission

500-400 St. Mary Avenue

Winnipeg, Manitoba, Canada

R3C 4K5

 

Attention: Corporate Finance

 

Quebec:

Send a cheque for the administrative monetary penalty value payable to the Autorité des marchés financiers at the following address:

 

Autorité des marchés financiers

800, square Victoria, 22e étage

C.P. 246, Tour de la Bourse

Montréal (Québec), Canada  H4Z 1G3

 

Attention: Continuous Disclosure

 

For insiders of Ontario reporting issuers whose Principal Regulator of the issuer is Ontario or a jurisdiction other than Alberta, British Columbia, Manitoba or Quebec:

Send a cheque for the invoice value payable to Accounts Receivable of the Ontario Securities Commission

 

Ontario Securities Commission

P.O. Box 55, 20 Queen Street W

Toronto, Ontario, Canada

M5H 3S8

 

Attention: Accounts Receivable

Related Document

Waiver Request for SEDI Late Fees