Regulatory Alerts2020-09-17
Regulation to Amend Regulation 41-101 Respecting General Prospectus Requirements
The regulator amended Regulation 41-101 to exempt participating dealers from delivering ETF facts documents during no-trailing-commission ETF switches. This exemption applies when the switch involves securities with identical aggregate values and no material differences other than management fees, provided no suitability determination was required. The amendment officially came into force on December 31, 2020, with specific filing provisions for Saskatchewan.
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