REGULATORY PROPOSALS PUBLISHED FOR COMMENT
A series of regulatory proposals have been published for comment and are under consideration by the IIAC. They are as follows:
On April 28, 2022, the Canadian Securities Administrators (CSA) and Canadian Council of Insurance Regulators (CCIR) proposed Total Cost Reporting for Investment Funds and Segregated Funds. Comments are due July 27, 2022.
Also on April 28, 2022:
IIROC proposed amendments to the floating index margin rate methodology applicable to qualifying Canadian and U.S. index products. Comments are due June 27, 2022.
Nasdaq Canada proposed to introduce PureStream, a new order type where orders are paired with one another based on a specified liquidity transfer rate, in Q4 2022. Comments are due May 30, 2022.