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Canada Mutual Funds Regulatory Requirements

Stikeman Elliott LLP

CIRO Publishes Phase 5 of its Rule Consolidation Project

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The Canadian Investment Regulatory Organization (“CIRO”) has published for comment Phase 5 of its rule consolidation project (the “Rule Consolidation Project”). Phase 5 involves rules relating to outsourcing and service...more

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OSC Codifies Exemption from OEO Trailer Ban

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The Ontario Securities Commission (“OSC”) recently published OSC Rule 81-510 Dealer Rebates of Trailing Commissions (the “Rule”), which codifies temporary exemptive relief from the order-execution only (“OEO”) trailer ban...more

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OSC Extends Proficiency Exemption For Alternative Mutual Fund Trading

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The Ontario Securities Commission (OSC) recently announced that it is extending the blanket relief first issued in January 2021 in regards to the proficiency requirements applicable to mutual fund restricted individuals that...more

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