Regulatory Alerts2021-10-07
Amendment to Policy Statement to Regulation 81-106 respecting Investment Fund Continuous Disclosure
The Canadian Securities Administrators amended Policy Statement to Regulation 81-106 to establish Part 11, which mandates that investment funds designate a website for continuous disclosure. This new framework requires the designated website to be open-access, free of charge, and structured to allow investors to easily access, read, and download regulatory documents. The amendment also clarifies that funds may use a manager's or third-party website, provided they maintain accurate information and ensure clear differentiation between funds.
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