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.
The consultation includes a number of proposed changes to participation fees, activity fees, late fees and the introduction of annual CPI-based fee adjustments. While we support several aspects of the proposal, including reduced participation fees for smaller registrants and a more proportionate approach for entities...
PMAC supports the OSC’s efforts to modernize access to the regulatory framework and recognizes the potential for this initiative to meaningfully improve how firms and investors access and use regulatory information. In our view, the greatest impact of this work will be achieved by...
PMAC submitted comments in support of the CSA’s proposed amendments to National Instrument 55-104 Insider Reporting Requirements and Exemptions relating to investment funds and certain structured products. PMAC supports the CSA’s policy objective of applying insider reporting requirements based on economic exposure rather than legal...
PMAC has submitted our response to the Canadian Securities Administrators’ (CSA) proposed amendments to National Instrument 81-102 Investment Funds (the Proposed Amendments) and the accompanying consultation paper on liquidity risk management tools, liquidity classification, regulatory reporting, and investor disclosure (the Consultation Paper). In our submissions,...
On March 23, 2026, PMAC and CFA Societies Canada jointly submitted a letter to the Ontario Minister of Finance encouraging Ontario to move forward with the OSC’s participation in the CSA’s Passport System. The letter outlines how participation would reduce interprovincial barriers, improve access to...
We applaud the participating jurisdictions for taking steps to harmonize the self-certified investor prospectus exemption among them. We believe that making the eligibility criteria and the application of the exemption consistent among jurisdictions will result in less confusion, improved compliance with the exemption and ultimately...
