OSC seeks comment on CSA discussion paper

By Staff | March 19, 2013 | Last updated on March 19, 2013
1 min read

The OSC will hold a roundtable to further explore and discuss the issues identified in a CSA paper regarding mutual fund fees.

It will take place Friday, June 7, 2013 on the 22nd floor of the Commission’s offices at 20 Queen Street West, Toronto, Ontario. OSC staff will organize a stakeholder panel featuring investors, various segments of the mutual fund industry and other financial industry stakeholders.

Read: CSA to scrutinize mutual fund fees Interested parties are asked to first submit written comments on the discussion paper by April 12, 2013, and then contact Chantal Mainville [cmainville@osc.gov.on.ca] to indicate interest in participating.

Read: Sell mutual funds? CSA may not grant AR registration

Based on the list of interested parties, OSC staff will contact participants to act as panellists and speak to specific points raised in their submissions. Panellists will be selected to reflect the diversity of views on the subject to present a balanced debate. The OSC expects to issue a notice by May 17, 2013, with additional details, including the final agenda and list of panellists.

Other jurisdictions of the CSA may hold similar consultations.

Read: OSC issues investor alert

Published on December 13, 2012, the purpose of the CSA discussion paper is to examine the current mutual fund fee structure in Canada and begin discussions with investors, mutual fund industry participants and other financial industry stakeholders. The goal is to determine whether any regulatory responses are needed to enhance investor protection and foster confidence in our markets.

Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.