CSA Notice: 81-401 - CSA Request For Comments - Joint Forum of Financial Market Regulators Discussion Paper Proposed Regulatory Principles for Capital Accumulation Plans

On April 27, 2001, the Joint Forum of Financial Market Regulators, including the Canadian Securities Administrators, released for comment a discussion paper entitled "Proposed Regulatory Principles for Capital Accumulation Plans". The paper has been published on our website under CSA Notice 81-401 and in Chapter 6 of this issue of the Bulletin.

The paper proposes broad regulatory principles for disclosure and other regulatory protection for investors who belong to capital accumulation plans. In this paper, capital accumulation plans include defined contribution pension plans, group registered retirement savings plans, deferred profit sharing plans and employee profit sharing plans.

The regulatory principles are focused on providing a similar level of protection to investors in each of these types of capital accumulation plans, regardless of which regulatory legislation applies to the plan.

Information on the consultation process is set out in the discussion paper. All comments received by July 31, 2001 will be considered.

May 11, 2001.