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Securities law applies to all Islanders looking to raise money from investors; not just public companies listed on a stock exchange. As a general legal requirement, anyone raising money in Prince Edward Island must file a prospectus unless they qualify for an exemption.
Prospectus exemptions are not automatic (i.e., anyone looking to raise money from investors) are responsible to ensure they qualify for a specific exemption.
Contact Information:
Curtis A. Toombs, General Counsel
Financial and Consumer Services Division
Department of Justice and Public Safety
4th Floor Shaw, 95 Rochford Street
Charlottetown, PE C1A 7N8
Telephone: (902) 620-3008
Email: catoombs@gov.pe.ca