news & events
Submissions to government
March 18th, 2021
PMAC Submission – CSA Consultation Paper 25-403 – Activist Short Selling
OVERVIEW PMAC generally favours principles-based regulation that recognizes differences in business models, sizes, and client types. We support the CSA’s decision to consult with stakeholders on the important issues raised in the Consultation. Given the fast pace of change in … Continue reading →
March 12th, 2021
PMAC Comment on Bill C-11, Digital Charter Implementation Act 2020
OVERVIEW PMAC’s mission statement is “advancing standards”; we are consistently supportive of measures that improve standards for the benefit of investors (the clients of asset managers). Portfolio managers have a fiduciary duty to act with care, honestly and in good … Continue reading →
March 1st, 2021
PMAC submission on the OSC Exemptive relief for international firms under CFA and Securities Act
Re: OSC Notice and Request for Comment – Proposed OSC Rule 32-506 (Under the Commodity Futures Act) Exemptions for International Dealers, Advisers and Sub-Advisers and Proposed amendment to OSC Rule 91-502 Trades in Recognized Options under the Securities Act The … Continue reading →
February 23rd, 2021
PMAC Submission on the Ontario 2021 Budget Consultations
The Portfolio Management Association of Canada (PMAC) appreciates the opportunity to comment on the 2021 budget, with a focus on the recommendations of the Capital Markets Modernization Taskforce (Taskforce). We urge Ontario to continue to support the Cooperative Capital Markets … Continue reading →
January 14th, 2021
PMAC Submission on Federally Regulated Private Pension Plans
Re: Strengthening Canadians’ Retirement Security – Proposals to Support the Sustainability of and Strengthen the Framework for Federally Regulated Private Pension Plans OVERVIEW The Portfolio Management Association of Canada (PMAC), through its pensions advocacy committee, is pleased to have the … Continue reading →
December 16th, 2020
PMAC Submission on OSC Statement of Priorities for Financial Year to End 2022
OVERVIEW PMAC is supportive of the four overarching goals set out in the Statement of Priorities and we are pleased to have the opportunity to provide the following feedback on certain aspects of them. We have made several recent submissions … Continue reading →
December 7th, 2020
PMAC submission on Quebec Bill 64
OVERVIEW PMAC’s mission statement is “advancing standards”; we are consistently supportive of measures that improve standards for the benefit of investors (the clients of asset managers). PMAC’s member firms believe that privacy legislation needs to be modernized and streamlined in … Continue reading →
November 13th, 2020
PMAC Submission to FSRA on FP/FA title regulation
Background The Portfolio Management Association of Canada (“PMAC”), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to respond to the request for comment from the Financial Services Regulatory Authority of Ontario (FSRA) on Proposed Rule … Continue reading →
October 23rd, 2020
PMAC Submission on CSA Consultation Paper 25-402 Consultation on the Self-Regulatory Organization Framework
Background The Portfolio Management Association of Canada (PMAC) is pleased to have the opportunity to provide written feedback to the Canadian Securities Administrators (CSA) on CSA Consultation Paper 25-402 Consultation on the Self-Regulatory Organization Framework (the Consultation). PMAC represents over … Continue reading →
October 20th, 2020
PMAC Submission on CFA Institute ESG Standards Consultation
OVERVIEW The Portfolio Management Association of Canada (PMAC), through a working group consisting of CFAs and ESG experts and through its wider Industry, Regulation & Tax Committee, is pleased to have the opportunity to submit the following comments regarding the … Continue reading →
September 22nd, 2020
PMAC Submission on Shared CCO Models
Overview The Portfolio Management Association of Canada (PMAC), through its Industry, Regulation & Tax Committee, is pleased to have the opportunity to submit the following comments regarding CSA Staff Notice 31-358 – Guidance on Registration Requirements for Chief Compliance Officers … Continue reading →
September 4th, 2020
Consultation — Modernizing Ontario’s Capital Markets
The Portfolio Management Association of Canada (PMAC) is pleased to have the opportunity to provide written feedback to the Capital Markets Modernization Taskforce (CMMT) for your consideration, further to our meeting with the CMMT on May 11th and the publication … Continue reading →