PMAC Submission – OBSI consultation on loss calculation methodology

The Portfolio Management Association of Canada (PMAC) represents over 330investment management firms from across Canada registered with the various members of the Canadian Securities Administrators (CSA) as Portfolio Managers (PMs). PMAC’s membership is comprised of firms of varying sizes and models, ranging from one-person firms to international and bank-owned firms, including more traditional models and online advisers, and manage total assets in excess of $3.9 trillion, representing institutional and private client assets.

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