At the end of May 2011, the Canadian Securities Administrators issued CSA Staff Notice 81-322 Status Report on the Implementation of the Modernization of Investment Fund Product Regulation Project and Request for Comment on Phase 2 Proposals [available here]. The CSA Staff Notice follows on from the June 2010 publication of proposed amendments to National Instrument 81-102 Mutual Funds, which is described by the CSA as Phase 1 of the CSA’s overall two-part project to modernize public investment fund regulation. (...)

type Investment Management Bulletin - June 2011