Regulatory Alerts2022-09-27
Draft Regulation to Amend Regulation 81-101 Respecting Mutual Fund Prospectus Disclosure
Regulatory authorities have issued draft amendments to Regulation 81-101 to update disclosure requirements for mutual fund prospectuses. The changes mandate specific standardized wording under the 'For more information' heading to guide investors on obtaining simplified prospectuses, Fund Facts, and financial statements. Additionally, the amendments require the explicit inclusion of the mutual fund manager's contact details, including name, address, toll-free number, email, and website.
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