The CSA today announced an extension to the comment period regarding their proposed changes to NI 81-102 Mutual Funds that would introduce core operational requirements for publicly offered non-redeemable investment funds generally analogous to the requirements applicable to mutual funds and eventually create an alternative investment fund framework under NI 81-104 Commodity Pools.
The CSA are now accepting comments on their proposals until August 23 and invite stakeholder comments on proposals prioritized in the notice. For more information, see CSA Staff Notice 11-324.
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.