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ARTICLE · 01 MARCH 2012

Investment Funds @ Gowlings: February 24, 2012

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On February 10, 2012, two separate groups of members of the Canadian Securities Administrators (the "CSA") published two different proposals with respect to the registration of non-resident investment fund managers.

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Edited by Paul A. Dempsey

Contents

  • Proposals Concerning Registration of Non-Resident Investment Fund Managers
  • Amendments to Investment Fund Rules

Proposals Concerning Registration of Non-Resident Investment Fund Managers

On February 10, 2012, two separate groups of members of the Canadian Securities Administrators (the "CSA") published two different proposals with respect to the registration of non-resident investment fund managers.  These different proposals represent two different responses to comments received in respect of proposed amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations concerning registration of non-resident investment fund managers (discussed in a previous Investment Funds@Gowlings).

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