Securities regulators are seeking comment on proposed amendments to the investment fund prospectus disclosure forms in light of the new soft-dollar rules that were also proposed earlier this week.

The Canadian Securities Administrators is publishing proposed amendments to the mutual fund and investment fund prospectus disclosure forms to ensure consistency between the disclosure requirements under the proposed new rule concerning the use of client brokerage commissions and similar disclosure prescribed for investment funds in the forms.

“The disclosure is intended to provide investment fund investors with relevant qualitative information concerning goods and services other than order execution obtained in connection with client brokerage commissions,” it explains.

Comments are due in writing before January 7, 2010.

IE