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Regulated Industries

The Financial and Consumer Services Commission of New Brunswick is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 44,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more than $50 billion of New Brunswick consumers’ money.

Questions about your industry’s regulations and legislation? Proposed rule changes? Looking for bulletins and notices? If you operate a business in, or work in, one of these regulated industries, here’s where you’ll find answers.

61-101 - Protection of Minority Security Holders in Special Transactions

Category: 6 - Take-Over Bids and Special Transactions

Status:

Current Instruments:

No	Document	Type	Publication Date
61-101	Multilateral Instrument (Consolidated up to September 19, 2025)	Multilateral Instrument	19/09/2025
61-101	Companion Policy (Consolidated up to 9 June 2023)	Companion Policy	09/06/2023

Related Documents:

No	Document	Type	Publication Date
13-103	CSA Notice of National Instrument 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) and Consequential Amendments	CSA Notice	29/03/2023
51-102	CSA Notice and Request for Comment – Proposed Amendments to National Instrument 51-102 Continuous Disclosure Obligations and Other Amendments and Changes	CSA Notice	20/05/2021
61-302	Multilateral CSA Staff Notice 61-302 Staff Review and Commentary on MI 61-101	CSA Notice	27/07/2017

History:

No	Document	Type	Publication Date
61-101	Amendments to MI 61-101	Amendments to Instrument	19/09/2025
61-101	Ministerial Consent	Ministerial Consent	07/09/2025
61-101	CSA Notice of Publication – Amendments and Changes to Certain National Instruments and Policies related to Venture Issuer Definition and Majority Voting	CSA Notice	19/06/2025
61-101	CSA Notice and Request for Comment - Proposed Amendments to Relevant National Instruments for Venture Issuer Definition and Majority Voting	CSA Notice	01/08/2024
61-101	Changes to 61-101CP (effective 9 June 2023, arising from NI 13-103)	Changes to Companion Policy	25/04/2023
61-101	Ministerial Consent	Ministerial Consent	04/04/2023
61-101	CSA Notice and Request for Comment Proposed National Systems Renewal Program Rule and Related Amendments	CSA Notice	02/05/2019
61-101	Multilateral CSA Notice of Adoption of MI 61-101 Protection of Minority Security Holders in Special Transactions and Consequential Amendments to MI 11-102 and NI 13-101	CSA Notice	20/07/2017
61-101	Ministerial Consent	Ministerial Consent	19/07/2017
61-101	Multilateral Instrument	Multilateral Instrument	19/07/2017
61-101	Companion Policy	Companion Policy	19/07/2017
61-101	Multilateral CSA Notice and Request for Comment Proposed MI 61-101 Protection of Minority Security Holders in Special Transactions	CSA Notice	24/11/2016