OSC unveils agenda for mutual fund fee roundtable

The Ontario Securities Commission has announced the final agenda and discussion topics for its roundtable on Friday, June 7, 2013.

The discussion will further explore and discuss the issues identified in the CSA’s discussion paper on mutual fund fees in Canada. The Commission also wants to look at the major themes emerging from the comment letters received in response to the paper.

Read:

• CSA to scrutinize mutual fees
• Prepare to be squeezed

Throughout the day, the OSC says roundtable participants will listen to three panels representing investors, various segments of the mutual fund industry and other financial industry stakeholders. The panelists were selected based on the comment letters submitted in response to the paper.

Panel topics will include:

• The role embedded compensation plays for small retail investors in the Canadian market;
• The nature and scope of the services received for trailing commissions;
• The impact of current disclosure initiatives, as well as whether regulatory action beyond disclosure is warranted.

Panelists will each have a chance to provide brief opening remarks, which will then be followed by general discussion and questions from OSC Commissioners.

At the conclusion of the roundtable, the OSC will reveal the direction of further possible consultation.

Any interested parties wishing to attend the roundtable are asked to send an email with full contact details to: investmentfunds@osc.gov.on.ca to confirm their attendance.

Space is limited, however, so be sure to also look out for a transcript will be posted to the OSC website following completion of the roundtable.

The event will take place from 9:00am to 1:00pm on the 22^nd floor of the OSC’s offices, which are located at 20 Queen Street West in Toronto, Ontario.

Staff

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