New revisions address complaints from institutional investors and foreign investment dealers
The case highlights the lack of governance requirements for mutual funds that distribute securities in the exempt market
PCMA/NEMA merger will streamline both groups’ operations
The unified organization ensures a stronger voice for private capital markets in Canada
The merger would ensure that the private capital and exempt markets have a unified industry voice
Exempt market dealer unable to fix compliance issues
Securities regulators extend mutual fund-only exemption
Registration allows access to bitcoin investments, while providing regulators with the means to monitor operations in this rapidly developing area
The agreement includes 22,500 self-directed accounts with assets under administration of $1.7 billion
A new paper examining the exempt-market regime in Canada suggests there’s likely a significant gap in investor protection because no SRO exists