The Canadian Securities Administrators (CSA) are implementing new requirements to ensure all investors receive essential information about the costs and performance of their investments. The new requirements apply to all firms registered to deal in securities or act as portfolio managers. The new rules are set out in amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103). The CSA said it amended the rules based on research by the CSA, among others, which shows that many investors currently do not receive this vital information. "Providing investors with clear and meaningful information about the costs and performance of their investments will enable them to assess their progress toward their investing goals and the value of professional advice they receive," the CSA said in a statement. "If Canadians have the right tools to better understand the costs and performance of their investments, they will be able to make
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