Regulatory Alerts2022-09-27
Draft Regulation to Amend Regulation 81-106 Respecting Investment Fund Continuous Disclosure
The securities regulators amend Regulation 81-106 to implement an access-based model for the delivery of financial statements and management reports by investment fund reporting issuers. The new rules require reporting issuers to post designated documents on their websites and provide mechanisms for holders to request paper or electronic copies, while establishing a separate delivery framework for non-reporting mutual funds. Transition provisions allow existing standing or annual instructions to be carried over under the new regulatory structure upon its coming into force.
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