Regulatory Alerts2024-11-28
Regulation to amend Regulation 81-105 respecting Mutual Fund Sales Practices
The regulator amends Regulation 81-105 to restrict principal distributors from representing mutual funds outside their own family. The changes prohibit incentivizing representatives to recommend specific funds within the same family over others. Additionally, section 7.1 of the original regulation is repealed to enforce these new sales practice standards.
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