As we discussed in an earlier post, the CSA published amendments to National Instrument 81-101 Mutual Fund Prospectus Disclosure, its companion policy and related forms in October in furtherance of their project to implement point of sale disclosure for mutual funds. The Ontario Minister of Finance has now approved the amendments, with minor modifications, which will become effective on January 1, 2011.
The Minister also recently approved the IFRS-related amendments referred to in our post of October 1 (with minor modifications). Generally, the amendments affect continuous disclosure rules, prospectus rules, certification rules and registration materials and also come into force on January 1, 2011.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
