SEC Extends Form for Canadian Stock Self-Buyback Parties
Published Date: 4/1/2026
Notice
Summary
The SEC is asking to extend the approval for Schedule 13E-4F, a form Canadian companies use when offering to buy back their own shares if less than 40% are owned by U.S. investors. This helps U.S. investors get clear info to make smart choices. It takes about 3 hours to complete, happens once a year, and won’t cost companies extra money. Comments are open until May 4, 2026.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
EDGAR disclosures for Canadian buybacks
If you are a U.S. investor in certain Canadian companies, Schedule 13E-4F requires the Canadian issuer to provide information about a cash tender or exchange offer when less than 40% of that class is held by U.S. holders. The disclosures are filed publicly on the SEC's EDGAR system; the form is estimated to take about 3.33 hours to prepare and is filed about once per year. Public comments on this information collection are due by May 4, 2026.
Filing burden on Canadian issuers
If you are a Canadian issuer using Schedule 13E-4F, the SEC estimates preparing the form takes about 3.33 hours per response and that approximately 1 response is filed per year. The Commission estimates 100% of that burden is carried internally by the issuer and that there is no monetary cost burden associated with the filing.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-06367 — Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Proprietary Market Data Fees
The New York Stock Exchange is updating its fees for special market data called NYSE BBO and Trades Digital Media Enterprise Fees. These changes affect subscribers who get this data, and the new fees take effect right away. If you use or pay for this data, expect some updates to your bill starting now!
2026-06339 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NYSE Arca Equities Proprietary Market Data Fees
NYSE Arca is updating its market data fees to add a new Digital Media Enterprise Fee for BBO (best bid and offer) data and extend this fee to current BBO and Trades Enterprise Fee subscribers. This means companies using NYSE Arca’s proprietary market data might see changes in their billing starting immediately. If you rely on this data, keep an eye on your fees and plan accordingly!
2026-06357 — Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Its Expanded Co-Location Services
Starting April 1, 2026, Nasdaq is rolling out new fees for its bigger and better co-location services at its Carteret, NJ data center. Traders and firms using these expanded spaces will see updated pricing to match the extra space and tech perks. This change helps Nasdaq keep up with demand and improve trading speed, so get ready to budget for these fresh fees!
2026-06361 — Self-Regulatory Organizations; NYSE American LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Short Term Options Series Program
NYSE American is updating its Short Term Options Series Program to allow options that expire on Mondays and Wednesdays—up to two of each—for certain stocks and ETFs. This change means traders get more flexible and frequent choices to buy or sell options, starting right away with no extra fees. If you trade options, this new schedule could help you make smarter moves faster!
2026-06337 — Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the Short Term Options Series Program
NYSE Arca is updating its Short Term Options Series Program to allow options on certain stocks and ETFs to expire on up to two Mondays and two Wednesdays. This means traders get more flexible and frequent choices for their options, helping them manage risk and opportunities better. The change is effective immediately, so the market can start using these new expiration days right away.
2026-06343 — Self-Regulatory Organizations; Nasdaq MRX, LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Establish Fees for Its Expanded Co-Location Services
Starting April 1, 2026, Nasdaq MRX is rolling out new fees for its bigger and better co-location services at its Carteret, NJ data center. Traders and firms using these upgraded spaces will see updated pricing to match the expanded offerings. This change helps Nasdaq MRX keep up with demand and improve service speed for everyone involved.
Previous / Next Documents
Previous: 2026-06236 — Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 15c3-1
The SEC is asking for comments to keep a rule that makes sure brokers have enough money to pay their customers. This rule affects broker-dealers and costs them about $134,000 and 67,773 hours each year to follow. You’ve got until June 1, 2026, to share your thoughts on how to make this process better or easier!
Next: 2026-06238 — Information Collection Being Reviewed by the Federal Communications Commission Under Delegated
The FCC is checking in on a form that local governments and businesses fill out to keep things running smoothly with cable and internet services. They want your thoughts on how to make this paperwork easier and clearer, especially for small businesses. If you want to share your ideas, make sure to do it by June 1, 2026—this helps save time and money for everyone involved!
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in