Securities Law

81-105 - Mutual Fund Sales Practices [NI - Rescinded]

Published Date: 2009-09-25
Effective Date: 2009-09-28
Rescinded Date: 2014-09-22
Document(s):

Concurrently Published:

Table of Contents

 

PART        TITLE 

PART 1 DEFINITIONS, INTERPRETATION AND APPLICATION

1.1 Definitions
1.2 Interpretation
1.3 Application

PART 2 GENERAL

2.1 Restrictions on Payments or Provision of Benefits
2.2 Restrictions on Solicitation and Acceptance of Payments or Benefits
2.3 Application of Instrument to Some Participating Dealers or Representatives

PART 3 PERMITTED COMPENSATION

3.1 Commissions
3.2 Trailing Commissions

PART 4 INTERNAL DEALER INCENTIVE PRACTICES

4.1 Participating Dealers' Practices
4.2 Principal Distributors' Practices

PART 5 MARKETING AND EDUCATIONAL PRACTICES

5.1 Cooperative Marketing Practices
5.2 Mutual Fund Sponsored Conferences
5.3 Third Party Sponsored Educational Events
5.4 Industry Association Sponsored Events
5.5 Participating Dealer Sponsored Events
5.6 Promotional Items and Business Promotion Activities

PART 6 PORTFOLIO TRANSACTIONS

6.1 Reciprocal Commissions and Portfolio Transactions
6.2 Obligations of Participating Dealers Executing Portfolio Transactions

PART 7 OTHER SALES PRACTICES

7.1 Commission Rebates
7.2 Financial Assistance
7.3 Charitable Donations
7.4 Tied Selling

PART 8 PROSPECTUS AND POINT OF SALE DISCLOSURE

8.1 Disclosure of Sales Practices
8.2 Disclosure of Equity Interests
8.3 Disclosure Requirements If No Prospectus or Simplified Prospectus

PART 9 EXEMPTION

9.1 Exemption

PART 10 TRANSITIONAL