Firm submitted mutual fund breakpoint data it knew was inaccurate
Concerns that some registrants have raised about the lack of communication from SEC examiners also considered in GAO report
Rule strikes “the right balance between protecting investors, and fostering fair and efficient capital markets”
Compensation fund could give consumers a false impression of security
AMF should be given broader powers for public enquires and criminal prosecution
Also calls for greater competition, saying it has benefited consumers in most other industries
Best option would be to harmonize province’s legislative and regulatory initiatives with those of other Canadian regulators
CSA offers guidance on elimination of foreign property rule
New rule governs short-term redemption fees
New rule replaces most existing local CD requirements