Timely Disclosure

Timely Disclosure

Updates and Commentary on Current issues in M&A, Corporate Finance and Capital Markets

Tag Archives: ETFs

ETF Facts – Upcoming Transition Date

Posted in Investment Funds
Exchange-traded fund (ETF) managers are reminded that, as of September 1, 2017, they will be required to file an “ETF Facts” document in conjunction with the filing of any ETF prospectus. Similar to “Fund Facts” for conventional mutual funds, “ETF Facts” are summary disclosure documents for ETFs.  Amendments to National Instrument 41-101 General Prospectus Requirements… Continue Reading

Sale of ETFs – Proficiency Standards Approved

Posted in Investment Funds, Securities Registration & Registrants
Last month, provincial securities regulators approved Policy No. 8 (Policy) of The Mutual Fund Dealers Association of Canada (MFDA).  The Policy establishes proficiency standards for mutual fund dealing representatives (Representatives) who wish to sell exchange-traded fund (ETFs). Although Representatives are legally permitted to sell certain types of ETFs (which are a type of mutual fund),… Continue Reading