Notice of Commission Deemed Approval – Housekeeping Amendments to the CIPF Claims Procedures – Canadian Investor Protection Fund (CIPF)
The Ontario Securities Commission did not object to the classification as housekeeping of CIPF’s proposed amendments to the CIPF Claims Procedures (the Amendments). Some of the Amendments are necessary to conform to certain changes in the revised CIPF Approval Orders (in effect as of January 1, 2021), which now allow for an option of having non-CIPF Directors to conduct appeals if considered appropriate by the CIPF Board. The Amendments also include some changes of editorial and clarifying nature.
The Amendments are deemed to be approved and become effective on February 11, 2021.
In addition, the Alberta Securities Commission, the Autorité des marchés financiers, the British Columbia Securities Commission, the Financial and Consumer Affairs Authority of Saskatchewan, the Financial and Consumer Services Commission of New Brunswick, the Manitoba Securities Commission, the Newfoundland and Labrador Office of the Superintendent of Securities, the Northwest Territories Office of the Superintendent of Securities, the Nova Scotia Securities Commission, the Nunavut Office of the Superintendent of Securities, the Office of the Yukon Superintendent of Securities, and the Prince Edward Island Office of the Superintendent of Securities did not object to the Amendments.