December 19, 2014
The Canadian Securities Administrators (“CSA”) have announced certain amendments to National Instrument 81-101 – Mutual Fund Prospectus Disclosure (“NI 81-101”) and to Companion Policy 81-101CP to NI 81-101 (the “Amendments”). The amendments relate to the implementation of the final stage of the point of sale disclosure for mutual funds and are scheduled to come into force on March 11, 2015. For further information with respect to the Amendments, please refer to CSA Policy 5.1.1 – “Implementation of the Final Stage of Point of Sale Disclosure for Mutual Funds: Pre-Sale Delivery of Fund Facts – CSA Notice of Amendments to NI 81-101 Mutual Fund Prospectus Disclosure and to Companion Policy 81-101CP Mutual Fund Prospectus Disclosure” (the “Notice”).
The Amendments form part of a larger framework of point of sale disclosure for mutual funds which was articulated by the CSA in October 2008. The point of sale disclosure framework is being implemented...
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