Regulatory Alerts2023-09-13
Regulation 81-102 Respecting Investment Funds
The securities regulatory authorities issued Regulation 81-102 to establish comprehensive rules governing the operation and structure of investment funds in Canada. This regulation defines key terms such as mutual funds, alternative mutual funds, and derivatives, while setting specific requirements for asset allocation, borrowing, and hedging activities. It also outlines regulatory frameworks for dealer managers, independent review committees, and continuous disclosure obligations to ensure investor protection.
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