Regulatory Alerts2021-12-23
Amendment to General Instruction to National Instrument 81-106 on Investment Fund Continuous Disclosure
The Canadian Securities Administrators have amended the General Instruction to National Instrument 81-106 by adding new section 8.2 to clarify procedures for notification and access to security holders. The amendment establishes guidelines for soliciting persons regarding the appropriate use of these procedures, the clarity of voting question descriptions, and the provision of toll-free numbers and electronic delivery methods. It further addresses the consolidation of documents for investors with multiple accounts at the same address and references existing rules on electronic transmission and beneficial owner communication.
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