Regulatory Compliance
We Live and Breathe Registrant Regulation
Regulations touch every aspect of investment management operations. AUM Law provides a full range of initial and ongoing regulatory compliance and legal services to investment fund managers, portfolio managers, exempt market dealers, scholarship plan dealers, and other dealers.
We advise firms and individuals on whether their business requires registration and whether they meet the registration criteria, we prepare and file registration packages, and we liaise with Canadian securities regulators on their behalf throughout the registration process. We prepare and keep up-to-date compliance manuals tailored to your business, as well as train management and your employees on their compliance responsibilities. Once your firm is registered, you can take advantage of our fixed-fee compliance support plans to help you stay on top of your firm’s ongoing obligations as a registrant as the securities regulatory environment evolves.
We engage with the Ontario Securities Commission (OSC), other Canadian securities regulators, and industry participants to monitor the Ontario Securities Act, other securities legislation, regulatory decisions and rapidly evolving industry policies, procedures, and practices. Our legal and regulatory expertise, combined with our industry experience, enable us to confidently advise your firm of its obligations so that you can focus on managing your business.
Our Approach
AUM Law offers practical, cost-effective legal and regulatory compliance advice from a team that prioritizes your business and understands your industry. We focus on the Canadian asset management sector, and we have deep expertise in the legal and regulatory issues relevant to firms operating in Canada’s exempt and public capital markets.
Our team-based approach, fixed-fee compliance support plans, extensive experience engaging with securities regulators, and connections with other service providers in this industry will help you navigate the evolving securities regulatory environment with confidence so that you can focus on what you do best.
Regulatory Compliance Group Insights
Discussion Paper Released on Upfront Compensation for Segregated Funds and IVICs: Transition Time
The Canadian Council of Insurance Regulators (CCIR) and the Canadian Insurance Services Regulatory Organizations (CISRO) are consulting on concerns they have regarding upfront commissions used in the sale of segregated funds and individual variable insurance contracts...
Back to the Books: OSC Study Finds Many Investors Overestimate Their Knowledge
The Ontario Securities Commission’s (OSC’s) Investor Office leads the OSC’s efforts in investor engagement, education, outreach and research. The Investor Office launched a survey that ran between September 27 to October 4, 2021, to assess the financial literacy of...
Amendments to National Instrument 45-106 on the Horizon as the Listed Issuer Financing Exemption Takes Flight
In the Canadian Securities Administrators’ (CSAs’) ongoing efforts to reduce regulatory burden and better provide for cost-effective capital raising mechanisms, the CSA has developed the Listed Issuer Financing Exemption (Exemption), a prospectus exemption aimed at...