Fasken Martineau invites you to attend an information session on the implementation of Phase 2 of the CSA’s Modernization of Investment Fund Product Regulation Project.
The Phase 2 amendments will have far-reaching effects on how closed-end funds are managed, including new investment restrictions, unitholder approval requirements, and rules relating to subsequent offerings (including a prohibition against issuing warrants). The Phase 2 amendments also include several new regulations for mutual funds, including a new prohibition against investing in closed-end funds, changes to securities lending requirements, and new sales communication requirements following conversion from a closed-end fund.
The Phase 2 amendments are expected to come into effect on September 22, 2014, though several changes will have longer transition periods.
Our speakers will provide you with a detailed explanation of the ramifications of these changes, particularly for managers and selling agents of closed-end funds.
- 4:00 pm - 4:15 pm Registration
- 4:15 pm - 6:00 pm Program
- 6:00 pm - 7:00 pm Networking Reception
Note: The hours from this non-accredited seminar may be applied towards the 9 Substantive Hours of annual Continuing Professional Development (CPD) required by the Law Society of Upper Canada for Ongoing Members. Please note that this seminar is not accredited for Professionalism Hours and cannot be counted for New Members or for Professionalism Hours for Ongoing Members.
This is an in-person seminar.
This seminar is complimentary.
Please register by July 5, 2014
For more information please contact:
+1 416 868 3329