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Blog Post | Timely Disclosure

Phase 2 Fund Modernization Amendments Now in Effect

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The previously published amendments (Phase 2 amendments) to NI 81-102 as part of the CSA’s fund modernization project are now in effect. For mutual funds, the changes include: a new prohibition against investing in closed-end funds (subject to an 18-month transition period for existing mutual funds), and new sales communications requirements for mutual funds following... Continue Reading