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  • MAM-2.6 MAM-2.6 Exception for Underwriters

    • MAM-2.6.1

      Sections MAM-2.2 and MAM-2.3 shall not apply in respect of:

      (a) Subscribing for, or purchasing securities under an underwriting agreement or a sub-underwriting agreement;
      (b) Entering into an agreement referred to in paragraph (a); or
      (c) Selling securities subscribed for or purchased under an agreement referred to in paragraph (a).
      November 2010

    • MAM-2.6.2

      Sections MAM-2.2 and MAM-2.3 shall not apply in respect of the communication of information in relation to securities:

      (a) To a person solely for the purpose of procuring the person to enter into an underwriting agreement in relation to any such securities; or
      (b) By a person who may be required under an underwriting agreement to subscribe for, or purchase any such securities if the communication is made to another person solely for the purpose of procuring the other person to do either or both of the following:
      (i) Enter into a sub-underwriting agreement in relation to any such securities;
      (ii) Subscribe for, or purchase any such securities.
      November 2010

    • MAM-2.6.3

      Exception for underwriters specified under rules MAM-2.6.1 and MAM-2.6.2 will not be applicable to underwriters or their representatives who are identified as insiders for the dealings in the secondary market.

      November 2010