Securities Law

BCN 2003/14 - Joint Forum of Financial Market Regulators - Comments requested on proposed Guidelines for Capital Accumulation Plans [BCN - Rescinded]

Published Date: 2003-04-25
Effective Date: 2003-04-25

The BCSC, together with other members of the Canadian Securities Administrators and the other members of the Joint Forum of Financial Market regulators, is publishing for comment proposed Guidelines for Capital Accumulation Plans. 

In these guidelines, the term capital accumulation plans refers to investment vehicles established by employers or plan sponsors for the benefit of their employees or plan members that permit those employees or members to make investment decisions. This includes, for example, many defined contribution pension plans, group RRSPs, profit sharing plans, and employer stock purchase plans.

The Joint Forum developed these guidelines after considering the comments we received about our April 27, 2001 publication for comment of the Regulatory Principles for Capital Accumulation Plans.

We are publishing a consultation letter, the proposed guidelines, and a draft implementation plan.

We will accept comments until August 31, 2003.

Please direct your comments to:

Davin Hall
Policy Manager (A)
CAPSA Secretariat
c/o Joint Forum Project Office
5160 Yonge Street
17th Floor, Box 85
North York, ON  M2N 6L9
Phone: (416) 226-7773
Fax:     (416) 590-7070

In BC, questions may be referred to:

Noreen Bent
Manager and Senior Legal Counsel
Legal and Market Initiatives
British Columbia Securities Commission
Phone: (604) 899-6741 or (800) 373-6393 (in B.C. and Alberta)
Fax:     (604) 899-6814

April 25, 2003


Douglas M. Hyndman

Ref: April 25, 2003 Stakeholders Letter
Consultation Paper 81-404
Proposed Strategy for Implementation of the Guidelines for Capital Accumulation Plans
Consultation Paper 81-401

This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website at in the Commission Documents database or the Historical Documents database.