Most of the regulatory filings investment funds are required to make fall into three categories:
- filings related to the offering of securities by prospectus or exempt distribution;
- continuous disclosure filings; and
- applications for exemptive relief.
SEDARInvestment funds are required to make their prospectus and continuous disclosure filings through the System for Electronic Document Analysis and Retrieval, or SEDAR. For a more detailed explanation of SEDAR see Information for Companies.
National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR) (NI 13-101) sets out how issuers are to use SEDAR. A list of the documents which must be filed on SEDAR is contained in Appendix A to NI 13-101.
Currently, the only type of exemptive relief application that must be filed on SEDAR is an application under National Instrument 81-102 Mutual Funds (NI 81-102).
SEDIThe System for Electronic Disclosure by Insiders, or SEDI, is used by investment funds other than mutual funds for insider reporting. For a more detailed explanation of SEDI see Information for Companies.
PAPER FILINGSAppendix A to NI 13-101 lists the documents which must be filed electronically through SEDAR. Documents not listed in Appendix A to NI 13-101 are filed in paper format. The most common paper filings are applications for an exemption, other than applications under NI 81-102. More information can be found in Information for Companies.
Any continuous disclosure notices filed in paper format should be sent to the addresses in Appendix B to Companion Policy 81-106CP. In Ontario, this address is:
Ontario Securities Commission
20 Queen Street West, Suite 1903, Box 55
Attention: Continuous Disclosure, Investment Funds
If an investment fund is required to file a Form 45-106F1 Report of Exempt Distribution or a Form 45-501F1 Report of Exempt Distribution, this filing is also made in paper format.
For more information:
- National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR)
- National Instrument 81-102 Mutual Funds
- Companion Policy 81-106CP Investment Fund Continuous Disclosure
- Form 45-106F1 Report of Exempt Distribution
- Form 45-501F1 Report of Exempt Distribution