BAX Securities Law is one of the leading boutique law firms in Canada assisting clients in structuring, forming, and managing investment vehicles like hedge funds, real estate investment trusts, limited partnerships, venture capital funds, private equity funds, and mutual funds ensuring compliance with complex regulatory securities requirements (e.g., OSC rules).
The Canadian Securities Administrators (CSA) have published a series of Final Amendments are designed to reduce the regulatory burden on investment fund managers while maintaining the quality and timeliness of disclosure for investors. Together, CSA…
The Canadian Securities Administrators (CSA) recently published CSA Notice 81-930 – Exemptions from Certain Repurchase Transactions Requirements for Investment Funds, a coordinated series of blanket orders granting exemptive relief to facilitate access to the Bank…
The Canadian Securities Administrators (CSA) are adopting amendments to National Instrument 41-101 General Prospectus Requirements (NI 41-101), National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101), related consequential amendments to NI 41- 101, NI 81-101 and National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-…
The Canadian Securities Administrators (CSA) have published for review and comment a series of proposed amendments (The Proposed Amendments ), aimed at modernizing the continuous disclosure regime for investment funds for a period ending January 7, 2025. The Proposed Amendments are designed to provide investors…
The Canadian Securities Administrators (CSA) has published for a 90-day comment period ending April 17, 2024, Proposed Amendments to National Instrument 81-102 Investment Funds Pertaining to Crypto and proposed changes to Companion Policy 81-102CP Investment Funds (81-102CP) (the Proposed Amendments). The Proposed Amendments concern reporting…
The Canadian Securities Administrators (CSA) have published final amendments and changes to several national instruments and companion policies, implementing an access model for prospectuses of non-investment fund reporting issuers (the Access Model). The goal of the Access Model is to modernize the way prospectuses are…