Regulatory Alerts2019-09-12
Draft Regulation to Amend Regulation 81-106 Respecting Investment Fund Continuous Disclosure
The securities regulator amends Regulation 81-106 to reduce regulatory burden for investment fund issuers by standardizing disclosure requirements. The changes replace references to general websites with a mandatory 'designated website' for posting continuous disclosure documents and proxy voting records. A new Part 16.1 is introduced to define qualifying websites and require reporting issuers to designate a publicly accessible site maintained by the fund or its manager.
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