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NOTICE OF PROPOSED AMENDMENTS TO NATIONAL INSTRUMENT 81-102 MUTUAL FUNDS AND TO NATIONAL INSTRUMENT 81-106 INVESTMENT FUND CONTINUOUS DISCLOSURE AND RELATED CONSEQUENTIAL AMENDMENTS Introduction The Canadian Securities Administrators (the CSA or we) are publishing for comment proposals that would modify the current regulatory framework for mutual funds contained in National Instrument 81-102 Mutual Funds (NI 81-102 or the Instrument). The proposed amendments (the Amendments) would codify exemptive relief that we have frequently granted to mutual funds from requirements in NI 81-102, create additional operational requirements for money market funds, update various provisions and remove provisions that are no longer relevant. We are also proposing substantive amendments to National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-106). These amendments codify exemptive relief we have frequently granted to investment funds from requirements in NI 81-106. Finally, we are also publishing for comment related consequential amendments to the following: • Companion Policy 81-102CP – To National Instrument 81-102 Mutual Funds (81-102CP); • National Instrument 41-101 General Prospectus Requirements (NI 41-101) and its related Form 41-101F2 Information Required in an Investment Fund Prospectus (Form 41-101F2); • National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101) and its related Forms 81-101F1 ...
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English