OSC The Investment Funds Practitioner Table of Contents

Transcription

1 OSC The Investment Funds Practitioner Table of Contents 1. Announcements 2. Applications for Relief 3. Continuous Disclosure 4. Fund Facts 5. Independent Review Committee 6. Marketing Practices 7. Process Matters 8. Prospectuses 9. Public Inquiries 10. Recent Decisions 11. Reports 12. Structured Products As of JULY 2015

2 1. ANNOUNCEMENTS Branch Name Change... July 2014 Topical Reference Guide to the Practitioner... July APPLICATIONS FOR RELIEF Approval to Act as Trustee under LTCA... Nov Asset Backed Commercial Paper (ABCP)... Nov Commingling Relief... Apr Confidentiality Requests... Dec Fund on Fund Relief and Conflicts Provisions... Jan Index Funds... Nov Managed Accounts Trades in Pooled Fund Units... Nov. 2007,... Dec. 2011,... Nov Margin Deposit Relief... May 2013 Merger Costs... Apr Mergers and Reorganizations... Jan Non-Redeemable Funds and Related Party Mortgages... Sept NI IRCs for Investment Funds Sunsetted or Terminated Relief Orders... Nov Inter-fund Trades at Last Sale Price... Sept Inter-Fund Trades and Reorganizations... Sept Inter-Fund Trades with Pooled Funds and Managed Accounts.... Sept IRC Notification Requirements Inter-Fund Trades Involving Pooled Funds July 2015 Purchases of Related Party Debt on the Secondary Market... Sept Inter-Fund Trades with Pooled Funds and Managed Accounts... Sept Relief to Permit Non-Redeemable Investment Funds to Purchase Mortgages from a Related Party... Sept Sub-adviser Conflicts of Interest... Dec NP Process for Exemptive Relief Applications... Sept Past Performance Data... Nov Performance Fees and Mutual Fund Reorganizations... Mar Pooled Fund on Fund Relief... Dec Pre-Authorized Purchase Plans and Prospectus Delivery Relief... Mar as of April 2015

3 Representations in Merger Approval Decisions... July 2014 Requirement to Calculate Daily NAV... May 2011 Scope of Future-Oriented Relief for Pooled Funds Investing in Related Pooled Funds..July 2015 Split Shares Relief from s May 2011 Split Shares Secondary Offerings... May 2011 Sub-Adviser Conflicts of Interest... Nov CONTINUOUS DISCLOSURE Accessibility of CD Documents on Websites... May 2013 Advertising Review... Nov Asset Classes Susceptible to Liquidity Concerns... Nov Awards in Sales Communications July 2015 Bullion Funds CD Review... May 2013 CICA Handbook Section Apr. 2007,... Nov Continuous Disclosure Review Program... April 2007 Exchange-Traded Funds Liquidity/Designated Brokers... Mar Financial Statements Filed Before Filing Deadline... Dec Fixed Income Volatility... Mar Fund Facts Risk Ratings Review... Nov International Financial Reporting Standards (IFRS)... Nov IFRS CSA Staff Notice Sept.2008 IFRS Implementation... July 2014 IFRS Release No Nov NI Amendments... Sept NI Related Disclosure Reviews... Jan. 2010,... May 2011 Portfolio Disclosure... April 2012,... Nov Portfolio Disclosure of Cash... Mar Review of High Management Expense Ratios... July 2014 Senior Loans... Nov Split Shares MER Disclosure... Jan as of April 2015

4 Yield/Income Funds... April FUND FACTS Blacklined Fund Facts... Nov Converting Funds and Fund Facts... Dec Disclosure of Expected Mergers in Fund Facts... Dec Disclosure of Past Performance... May 2011 Disclosure of Separately Negotiated Fees... Dec Filing Fees... May 2011 Format of Fund Facts... May 2011 Frequency of Filing... May 2011 Fund Codes... Dec Past Performance Presentation... April 2015 Point of Sale FAQs... May 2011 Transition Period Filing Fees Frequency of Filing Fund Facts Format Disclosure of Past Performance Relief to Permit Early Delivery of Fund Facts... Dec Risk Methodology & Ratings... Dec. 2011,... Apr. 2012,... Mar Risk Ratings Review... Nov Stage 2 of the Point of Sale Disclosure Initiative... Mar Transition Period... May INDEPENDENT REVIEW COMMITTEES (IRC) Changes to IRC Composition... Nov MARKETING PRACTICES Cooperative Marketing Practices... Apr PROCESS MATTERS Closure of Outstanding Files... Apr E-forms for Filing NI Reports... Nov as of April 2015

5 Mandatory Electronic Delivery of Documents... Mar Materiality Thresholds for Repayments to Investors... July 2014 Prospectus Amendments Historical Information... Nov Review Process Upon Clearing for Final Filing... July PROSPECTUSES 90 Day Filing Requirement... Jan May 2011 Advertising During Waiting Period... Nov Auditor Consents... Jan Best Efforts Offerings... Jan Bulleted Placeholders... Nov. 2012,... Mar. 2014,... Nov Character Conversion Transactions... May 2013 Closed End Funds Annual Redemption at NAV... Nov Closed End Funds Exposure to Foreign Non-reporting Issuer Investment Funds... Apr Closed End Funds Performance Data of Related Funds... Nov Closed End Funds Recent Amendments to NI April 2015 Closed End Funds Redemption Price... Nov Consultants... Jan Cover Page Images... Nov Currency Hedging in Investment Objectives... Nov Custodian Requirements... Sept.2008 Default Mutual Fund Distributions... April 2015 Default Mutual Fund Distributions Fixed Rate Distribution Series.July 2015 Default Rate Feature Direct Payment of Ongoing Dealer Service Fees... July 2014 Disclaimers of Liability for Third Party Information... May 2013 Disclosure of IRC Compensation..July 2015 DSC Switches... Apr Exchange Options... Mar ETFs Cross Listing... Dec ETFs ETFs that Track an Index... Apr as of April 2015

6 ETFs Multiple ETF Prospectuses... Dec ETFs Portfolio Transparency... April 2012 ETFs Redemption Price of Securities... April 2015 Fees Counterparty Hedging Fees... April 2012 Fees Fee-Based Series with Dual Dealer Compensation... Nov Fees Fixed Administration Fees Adjustment Payments... Nov Fees Forward Fees... May 2011 Fees Incorrect Fee Disclosure... April 2012 Fees Management Fee Disclosure... Dec Fees Short-Form Prospectuses... May 2013 Form F2 Forms Compliance Reviews... Sept Fund Names... Apr IFIC Risk Classification Guidelines... Apr Investment Objectives Currency Hedging... Nov Investment Objectives Fund of Funds... Nov Investments in Mortgages by Investment Funds... May 2013 Flow Through LPs Dual Class Structures... April 2015 Flow Through LPs Finder s Fees... Mar Flow Through LPs Past Performance Disclosure... Nov. 2007,... May 2013,... Mar Flow Through LPs Rollovers... Apr. 2007,... Jan Lapse Dates... Jan. 2010,... Dec Linked Note Pricing Supplements... Nov Minimum and Maximum Offering Amounts... Nov Mutual Funds Currently Investing in Closed-End Funds.July 2015 OSC Staff Notice Compliance with Form F2... May 2011 OSC Staff Notice Cross Listings by Foreign ETFs... Dec PIFs for CCOs... May 2011 Prepaid Forwards... Dec Principal Holders of Securities... Nov Process... Sept as of April 2015

7 Prospectus Review Priorities... July 2015 Receipt Timing... Jan Recirculation Agreements... Nov Redemption Closed-End Fund Securities... Nov Redemption T+2 Settlement Cycle for European Securities... Nov Scholarship Plans Marketing Materials... Nov Scholarship Plans Undertaking... May 2013 Securities Lending Disclosure... Nov Shelf Prospectuses for Linked Notes... Apr Short Form Prospectuses... May 2011 Split Share Companies Offering Expenses... April 2015 Suspension of Redemptions for Short-Term Trading... July 2014 Trailing Commissions Disclosure of Payments Based on Percentage of Performance Fee... Sept Receipt by Discount Brokers... Dec Two-tiered Funds Continuous Disclosure Undertakings... Jan Two-tiered Funds Top and Bottom Prospectuses... Jan Unit Offerings and Calculation of Diluted NAV... Jan Use of the Term Guarantee... Nov Use of Index in Investment Names and Objectives..July 2015 Warrant Offerings... Sept. 2008,... Apr Yield Disclosure... Jan Yield/Income Funds... Apr PUBLIC INQUIRIES Index Participation Units Definition... May 2011 Investment Funds Definition... Nov NI Inter-fund Trades Market Integrity Requirements for Non-Exchange-Traded Securities... Sept.2008 Rehypothecation of Collateral for OTC Derivatives... April 2015 Related Party Underwritings of Approved Rating Debt... Jan RECENT DECISIONS 7 as of April 2015

8 In the Matter of Crown Hill Capital Corporation and Wayne Lawrence Pushka. Nov REPORTS Summary Report for Investment Fund Issuers OSC Staff Notice Mar STRUCTURED PRODUCTS Autocall Notes Disclosure... July 2014 Reference Asset Fee Disclosure... July as of April 2015