Regulatory Alerts2026-04-22
Regulation 81-102 Respecting Investment Funds
Securities regulators in Canada issued Regulation 81-102 to establish the legal framework governing the operation, structure, and disclosure of investment funds. The regulation defines critical terms such as mutual funds, alternative mutual funds, and derivatives, while setting specific requirements for asset allocation, custody, and hedging strategies. It also outlines restrictions on conflicts of interest, investor fees, and the use of complex financial instruments to ensure market integrity and investor protection.
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