A lot has changed since the ’90s and change has, for the most part, been a good thing, although I still have a nostalgic yearning to wear plaid flannel and Doc Martens again. Despite the astonishing technological developments over the past 25 years, one thing that hasn’t kept pace has been the Canadian SecuritiesAdministrators’ (CSA) approach to the permitted methods for the initial dissemination of material information by public companies.

In 1991, Pearl Jam released its epic first album (Ten), Blossom debuted on network television, Point Break (featuring Keanu Reeves as Johnny Utah, an FBI agent) was in theatres, the Standard and Poor’s/Toronto Stock Exchange Composite Index (TSX Index) reached a high of approximately 3,600, and I was logging into bulletin board systems using my 9,600 bit/s dial-up modem.