Regulatory Alerts2022-01-05
Regulation 81-102 respecting Investment Funds
The securities regulatory authorities in Canada issued Regulation 81-102 to establish comprehensive rules governing the operation and disclosure of investment funds. This consolidated regulation defines key terms such as mutual funds, alternative mutual funds, and derivatives, while setting out specific requirements for asset allocation, hedging, and the use of cash equivalents. It also details regulatory obligations for dealer managers, custodians, and independent review committees to ensure investor protection and market integrity.
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