In aggregate with their holdings of alternative mutual funds and non-redeemable investment funds.

The Canadian Securities Administrators (the "CSA") have published the long awaited and much anticipated final version of amendments introducing a "liquid alternatives" regulatory regime in Canada (the "Final Rules").

Further to our most recent McMillan Client Alert, the Canadian Securities Administrators ("CSA") have published CSA Staff Notice 31-352 ...

The Canadian Securities Administrators ("CSA") have provided notice that they will be publishing revised guidance following the recent enactment of additional federal regulations pertaining ...

On May 11, 2017, the Canadian Securities Administrators (the "CSA") issued CSA Staff Notice 33-319 ("Notice").

On March 20, 2014, the Canadian Securities Administrators (the "CSA") introduced a proposed new Form 45-106F10 - Report of Exempt Distribution for Investment Fund Issuers (the "Investment Fund Exempt Trade Report").

Start-ups crowdfunding to raise money by offering securities to investors in certain provinces of Canada will be required to use an online "funding portal".

Several regulatory developments have recently occurred which will have an impact on investment funds, investment fund managers and advisers operating in Canada.

In a recent client bulletin, we noted that on February 10, 2012, the securities authorities of Ontario, Québec, New Brunswick and Newfoundland and Labrador (collectively the "Instrument Jurisdictions") published a request for comments in relation to proposed Multilateral Instrument 32-102 Registration Exemptions for Non-Resident Investment Fund Managers and Companion Policy 32-102CP (collectively, "MI 32-102").

The Proposed Policy addresses requirements for registration by "non-resident investment fund managers" in the Policy Jurisdictions.

On February 10, 2012, the Ontario Securities Commission, the Québec Autorité des marchés financiers, the New Brunswick Securities Commission, and the Newfoundland and Labrador Financial Services Regulation Division (collectively, the "Participating Jurisdictions") published a request for comments in relation to proposed Multilateral Instrument 32-102 Registration Exemptions for Non-Resident Investment Fund Managers (the "Proposed Instrument") and its Companion Policy 32-102CP (the "Companion Pol

On September 19, 2008, the Ontario Securities Commission ("OSC") issued a temporary order prohibiting the short sale of securities of a number of financial sector companies (the "Temporary Order").

On November 9, 2007 the Ontario Securities Commission (the “OSC”) issued Staff Notice 33-729 - Marketing Practices of Investment Counsel/Portfolio Managers (the “Staff Notice”)

The Canadian securities administrators ("CSA") have recently released for comment the much-anticipated National Instrument 31-103 - Registration Requirements ("NI 31-103" or the "Instrument"), a new rule that is designed to nationally harmonize and streamline the registration regime for firms and individuals.

On January 12, 2007 the Canadian Securities Administrators (the "CSA") published Staff Notice 81-316 – Hedge Funds (the "Notice"), which sets out the results of a review by the CSA of the hedge fund sector (including principal protected notes) and outlines some general concerns and courses of action which the CSA intend to pursue with respect to these products and the manner in which they are distributed.