Submissions archive

September 19, 2012

Comment Letter for CSA Consultation Paper 25-401: Potential Regulation of Proxy Advisory Firms

The Portfolio Management Association of Canada (“PMAC”, formerly the Investment Counsel Association of Canada (“ICAC”)), through its Industry, Regulation and Tax Committee, is pleased to have the opportunity to submit the following general comments regarding CSA Consultation Paper 25-401: Potential Regulation of Proxy … Continue reading

August 29, 2012

Follow-Up Letter to Department of Finance on Prohibited Investment Rules

Following our letters of December 13, 2011 and March 8, 2012 and past discussions with the Department of Finance staff where we discussed our concerns with the ”prohibited investment” rules (the “Rules”) under Part X1.01 of the Income Tax Act, … Continue reading

July 10, 2012

Follow-Up Letter to Ontario Securities Commission (OSC) New Procedure of Calling Investors

The Ontario Securities Commission (OSC) announced in June 2012 that it will be conducting a targeted review (sweep) of a sample of registered dealers and advisers to assess their compliance with know-your-client (KYC), know-your-product (KYP) and suitability obligations. The OSC … Continue reading

April 5, 2012

Follow-Up Letter to Department of Finance on Designated Stock Exchanges Expansion

We are following up on our meeting of October 27, 2011 in which we discussed the Portfolio Management Association of Canada’s (“PMAC”) recommendation to expand the Designated Stock Exchange list. Read letter

February 19, 2012

Comment Letter for CSA Consultation on Mandating OBSI

The purpose of this program is to facilitate dispute resolution services for PMAC member companies (PMAC Members) and their clients. This service is designed to comply with the requirement in NI 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI … Continue reading