On Jan. 6, 2025, Reg-Track added SRI SEC as a regulator and added a document link.
On Dec. 31, SRI CSE publicized SEC directive re director age limit.
SRI CSE issued SRI SEC's directive (dated Dec. 30, 2024) extending implementation deadline for SRI CSE listing rule 9.1.4(1) regarding director independence criteria.
The effect of the directive is to grant a two-month extension applying to rule 9.8.3(ix) stating directors aged 70 or above cannot be considered independent.
Original effective date of Jan. 1, 2025 is extended by two months, based on requests.
Jan. 2025 Editorial Update
On Jan. 6, 2025, Reg-Track added SRI SEC as a regulator and added a document link.
Regulators
SRI CSE; SRI SEC
Entity Types
B/D; Corp; Exch
Reference
Cir 12/2024, 12/31/2024; Dir SEC/DG/2024/12/243, 12/30/2024