Regulatory Alerts2026-06-11
Canadian Securities Administrators Publish Final Amendments to Principal Distributor Model
The Canadian Securities Administrators issued final amendments to the principal distributor model to enhance investor protection and market confidence. The changes restrict principal distributors to acting exclusively for mutual funds within the same family while mandating greater transparency regarding their arrangements and compensation in key disclosure documents. These regulatory updates apply across all Canadian provinces and territories to harmonize oversight of mutual fund distribution practices.
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