Regulatory Alerts2019-09-12
Draft Regulation to Amend Regulation 13-102 Respecting System Fees for SEDAR and NRD
The Canadian Securities Administrators issued this draft regulation to amend Regulation 13-102 regarding system fees for SEDAR and NRD filings. The amendment modifies Appendix B to set a combined filing fee of $585.00 for investment fund issuers using a single simplified prospectus to qualify securities of multiple funds for distribution. This change also establishes a corresponding fee of $162.50 for the same combined filing scenario under the alternative fee structure.
REGULATION TO AMEND REGULATION 13-102 RESPECTING SYSTEM FEES FOR SEDAR AND NRD1 Securities Act (chapter V-1.1, s. 331.1, par. (9))
- Appendix B of Regulation 13-102 respecting System Fees for SEDAR and NRD (chapter V-1.1, r. 21) is amended by replacing the row corresponding to item 3 with the following: “ 3 Investment fund issuers/securities offerings Simplified prospectus and fund facts (Regulation 81- 101 respecting Mutual Fund Prospectus Disclosure (chapter V-1.1, r. 38)) $585.00, which applies in total to a combined filing, if one simplified prospectus is used to qualify the investment fund securities of more than one investment fund for distribution $162.50, which applies in total to a combined filing, if one simplified prospectus is used to qualify the investment fund securities of more than one investment fund for distribution ˮ.
- This Regulation comes into force on (indicate here the date of coming into force of this Regulation). 1 CSA Notice of Consultation, Proposed Repeal and Replacement of Regulation 13-102 respecting System Fees for SEDAR and NRD (May 2, 2019) proposed revisions to Regulation 13-102 respecting System Fees for SEDAR and NRD. If these revisions come into force before the Draft Amendments, CSA Staff will modify the Draft Amendments as required, to conform.
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