The Canadian Securities Administrators have recently published for comment proposed rules and rule amendments relating to securitized products. Through this blog we have circulated some of our thoughts on these proposals and will continue to do so over the next several weeks. By so doing we hope to stimulate and encourage a broader and more nuanced consideration and discussion of this significant development in the securitization market
Our ultimate goal is the preparation and submission of a comment letter on the proposals. While we appreciate that a portion of our readership will develop their own responses to the proposals or participate in a response made on their behalf by some sort of formal or informal association, there may be industry participants who, for one reason or another, will not be submitting a formal comment letter. Industry participants interested in consulting with us in the preparation of our comment letter are encouraged to contact us. We would be pleased to discuss our views and hear yours in the process, so that our comment letter represents the views of as broad a cross-section of our readership as is feasible and, should, at the conclusion of such process, you wish to be cited in the letter as supporting the views expressed in it, we would be pleased to do so.
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