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.
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...
PMAC responded to the OSC’s Statement of Priorities for 2026-27. Our key recommendations are for the OSC to: Join the CSA passport system; and Refrain from delegating any further registration responsibilities to the Canadian Investment Regulatory Organization (CIRO). In our view, OSC participation in...
The Portfolio Management Association of Canada (PMAC) is pleased to have the opportunity to submit the following comments on the British Columbia Securities Commission (BCSC) Notice and Request for Comment – Proposed Amendments to BC Instrument 22-502 Registration by the Investment Industry Regulatory Organization of...
PMAC responded to the CSA’s consultation about the regulatory regime for exchange-traded funds. We did not agree with the prescriptive regulatory regime proposed by the CSA in the consultation and encouraged the CSA to ensure that any additional burden placed on firms is justified by...
PMAC calls on CSA to review privacy and data protection policies PMAC wrote to the Canadian Securities Administrators (CSA) following the cybersecurity incident at CIRO, which impacted registrants’ personal information. We believe this incident serves as an opportunity for CIRO, the CSA and CSA member...
PMAC responded to the AMF Issues and Discussion Paper on account transfers in the financial sector. Our key recommendations were: Implement cross-sector timelines for standard account transfers but allow flexibility for complex transactions; Harmonize requirements and exceptions between the CSA, CIRO and other regulators; Pursue...
