Regulatory Alerts2025-07-16
Policy Statement to Regulation 81-102 Respecting Investment Funds
The Canadian securities regulatory authorities issued this consolidated policy statement to provide interpretive guidance on Regulation 81-102 respecting Investment Funds. The document clarifies the definitions of key terms such as alternative mutual funds, hedging, illiquid assets, and sales communications to ensure consistent regulatory compliance. It also outlines specific operating procedures and disclosure requirements for investment funds and their service providers effective July 16, 2025.
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