We seek to work with regulators and policymakers to address behaviour and actions that undermine the efficiency, fairness and stability of our markets. Together, we believe we can find effective solutions that reduce the burden for our members.
Submissions are currently only available in the language they were originally published in.
PMAC responded to the OSC’s consultation into a framework to make long-term assets available to retail investors through investment fund structures. PMAC is supportive of efforts to increase diversification opportunities for retail investors but encouraged the OSC to appropriately balance these opportunities with the significant...
KEY RECOMMENDATIONS: 1. Introduce the Fund Report changes to come into effect concurrently with or subsequent to the TCR Amendments coming into force, with initial reports being provided in 2027 at the earliest Many IFMs will rely on third party service providers to create the...
PMAC wrote to the Canada Revenue Agency regarding the proposed changes to the capital gains inclusion rate. In light of the prorogation of Parliament and the upcoming federal election, there is significant uncertainty regarding the likelihood that the tax bill will be introduced or passed....
PMAC is supportive of the Ontario Securities Commission’s (OSC) key priorities set out in the SoP, as well as the work plans supporting those goals. Any changes made by the OSC – be they regulatory or technical in nature – should be evidence-based and tested...
PMAC is supportive of fair dispute resolution mechanisms and effective and trusted avenues for the redress of investor losses. As such, PMAC generally agrees with them OBSI’s current approach to loss calculations involving illiquid securities that have been found to be unsuitable for the investor....
PMAC agrees with the policy rationale of the Proposed Rules and welcomes the creation of a process that would increase distributions of disgorged amounts to the investors who have been harmed by sanctionable conduct. PMAC believes the Proposed Rules are a positive development for investors...
