Stay in the know with everything happening at PMAC.
PMAC supports the proposed modernization of the qualified investments regime announced in Budget 2025. In our submission to the Department of Finance, we identified three areas where targeted refinements would improve clarity, reduce uncertainty, and maintain investor confidence: The proposed reliance on the existing statutory...
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...
