Securities Law & Instruments

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Notice of Correction - CSA Notice of Amendments to National Instrument 81-105 Mutual Fund Sales Practices and Related Consequential Amendments Prohibition of Mutual Fund Trailing Commissions Where No Suitability Determination Was Required

 

The following Annex F was omitted from the original publication of CSA Notice of Amendments to National Instrument 81-105 Mutual Fund Sales Practices and Related Consequential Amendments Prohibition of Mutual Fund Trailing Commissions Where No Suitability Determination Was Required, published at (2020) 43 OSCB 7299, September 17, 2020.

ANNEX F

LOCAL MATTERS

In Ontario, the Amendments, as well as other required materials, will be delivered to the Minister of Finance on or about October 8, 2020. The Minister may approve or reject these Amendments or return them for further consideration. If the Minister approves the Amendments or does not take any further action, the Amendments to 81-101 Mutual Fund Prospectus Disclosure and National Instrument 41-101 General Prospectus Requirements will come into force on December 31, 2020, and the Amendments to National Instrument 81-105 Mutual Fund Sales Practices will come into force on June 1, 2022, with the exception of the "suitability determination" definition in section 1.1 of National Instrument 81-105 Mutual Fund Sales Practices, which will come into force on December 31, 2020.