Regulatory Alerts2026-06-11
Regulation to amend Regulation 81-102 respecting Investment Funds
The securities regulators have amended Regulation 81-102 to prohibit mutual fund managers from charging redemption fees to securityholders. This prohibition applies to fees charged under arrangements existing before June 1, 2022, unless those specific arrangements remain in effect. The new rule generally comes into force on October 1, 2026, with a specific filing-based effective date provision for Saskatchewan.
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