Regulatory Alerts2020-05-07
Amendments to Companion Policy 81-105: Mutual Fund Sales Practices
The Canadian securities regulatory authorities amended Companion Policy 81-105 to update its title and clarify the regulatory purpose regarding Regulation 81-105. The amendments introduce new guidance permitting front-end load sales options and requiring clear disclosure of deferred sales charge availability in simplified prospectuses. Additionally, the text was updated to replace references to the Instrument with the Regulation and person or company with person.
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