Firm cites DCSs among the factors that contributed to a lack of sales
There’s support for the CSA’s proposals, but criticism of regulators
The Ontario government, elected last June, has a policy of deregulation in general, but also is willing to interfere with policy-making directly
A summary of investor comments on CSA's proposed amendments to National Instrument 81-105
PMAC wants CSA to leave pooled funds out of client-focused reforms
The CSA is focused on introducing greater investor-protection rules while planning to eliminate some of the unnecessary rules and requirements mutual funds face
New government expresses concern about CSA’s proposals
The province’s new government has come out against regulators’ proposals to ban DSCs on mutual funds, which were released for public comment Thursday
Panel expresses concern that DSC products may be sold more aggressively in advance of the prohibition being fully implemented
CSA anticipates its proposals will add costs for the industry