December 2016

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

December 2016

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Securities – CSA Notice and Request for Comment - Modernization of Investment Fund Product Regulation - Alternative Funds

September 22, 2016 - The Canadian Securities Administrators (the CSA or we) are publishing for a 90-day comment period:

the proposed repeal of National Instrument 81-104 Commodity Pools (NI 81-104)
proposed amendments to:
- National Instrument 81-102 Investment Funds (NI 81-102),
- National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101), including Form 81-101F3 Contents of Fund Facts Document (the Fund Facts),
proposed consequential amendments to:
- Form 81-101F1 Contents of Simplified Prospectus and Form 81-101F2 Contents of Annual Information Form,
- National Instrument 81-107 Independent Review Committee for Investment Funds (NI 81-107),
- National Instrument 41-101 General Prospectus Requirements (NI 41-101), including Form 41-101F2 Information Required in an Investment Fund Prospectus (Form 41-101F2), and
- National Instrument 81-106 Investment Fund Continuous Disclosure (NI 81-106).

In addition, we are publishing proposed changes to Companion Policy 81-102CP Investment Funds and proposing to withdraw Companion Policy 81-104CP Commodity Pools.

The comment period ends December 22, 2016.

For more information please contact:

Heather Kuchuran, Senior Securities Analyst, Corporate Finance
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-1009
Fax: (306) 787-5899
Email: Heather.Kuchuran@gov.sk.ca

Securities – Order in the Matter of The Securities Act, 1988, SS 1988, c S-42.2 and in the Matter of The Saskatchewan Pension Plan

December 20, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan has issued an Order in the Matter of The Securities Act, 1988, SS 1988, c S-42.2 and in the Matter of The Saskatchewan Pension Plan.

Order - December 20, 2016

For more information contact:

Mikale White, Legal Counsel
Securities Division
Financial and Consumer Affairs Authority
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 798-3381
Fax: (306) 787-5899
Email: mikale.white@gov.sk.ca

Securities – Order in the Matter of SHEC Energy Corporation, James Thomas Beck and Terrence Michael Stott

December 20, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan has issued an Order in the Matter of SHEC Energy Corporation, James Thomas Beck and Terrence Michael Stott.

Order - December 20, 2016

For more information contact:

Christina Meredith, Legal Counsel
Securities Division
Financial and Consumer Affairs Authority
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5843
Fax: (306) 787-5899
Email: christina.meredith@gov.sk.ca

Securities – CSA Staff Notice 33-318 Review of Practices Firms Use to Compensate and Provide Incentives to their Representatives

December 15, 2016 - This notice outlines the results of the survey on practices that surveyed firms use to compensate their representatives, including direct tools such as commissions, performance reviews and sales targets (compensation arrangements), as well as indirect tools such as promotions and valuation of representatives’ books of business for various purposes (for example, retirement and awards) (incentive practices). In addition, this notice sets out the views of staff of the Canadian Securities Administrators on the potential material conflicts of interest that could arise from some of the compensation arrangements and incentive practices identified in the survey.

CSA Staff Notice 33-318

For more information, please contact:

Sonne Udemgba, Deputy Director, Legal
Securities Division
Financial and Consumer Affairs Authority
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5879
Fax: (306) 787-5899
Email: sonne.udemgba@gov.sk.ca

Securities – Statement of Allegations of Staff in the Matter of IseeBinary and Option Ventures

December 14, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan has issued a Statement of Allegations of Staff of Financial and Consumer Affairs Authority of Saskatchewan in the Matter of IseeBinary and Option Ventures.

Statement of Allegations - December 14, 2016

For more information contact:

Dallas Smith, Legal Counsel
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5843
Fax: (306) 787-5899
Email: dallas.smith@gov.sk.ca

Securities – Greystone Managed Investments Inc. and Greystone Capital Management Inc. Decision pursuant to section 83 of The Securities Act, 1988

December 14, 2016 - Decision pursuant to section 83 of The Securities Act, 1988 that Greystone Managed Investments Inc. and Greystone Capital Management Inc. are exempt from sections 27 and 58 of the Act.

Decision - December 14, 2016

Securities – Temporary Order In the Matter of Magnum Options, et al

December 14, 2016 - The Financial and Consumer Affairs Authority of Saskatchewan has issued a Temporary Order in the Matter of Magnum Options, Hampshire Capital Ventures Ltd. and Manford Martin Mponda.

Temporary Order - December 14, 2016

For more information contact:

Securities – CSA Mutual Fund Risk Classification Methodology for use in Fund Facts and ETF Facts - CSA Notice of Amendments to National Instrument 81-102 Investment Funds and Related Consequential Amendments

December 8, 2016 - The Canadian Securities Administrators (the CSA or we) are making amendments to mandate a CSA risk classification methodology (the Methodology) for use by fund managers to determine the investment risk level of conventional mutual funds and exchange-traded mutual funds (ETFs) for use in the Fund Facts document and in the ETF Facts document respectively.

The amendments are to:

National Instrument 81-102 Investment Funds.

We are also making related consequential amendments to:

National Instrument 81-101 Mutual fund Prospectus Disclosure, and
Companion Policy 81-101CP to National Instrument 81-101 Mutual Fund Prospectus Disclosure.

For more information please contact:

Heather Kuchuran, Senior Securities Analyst, Corporate Finance
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone:  (306) 787-1009
Fax:  (306) 787-5899
Email: Heather.Kurchuran@gov.sk.ca

Securities – Mandating a Summary Disclosure Document For Exchange-Traded Mutual Funds and its Delivery - CSA Notice of Amendments to National Instrument 41-101 General Prospectus Requirements and to Companion Policy 41-101CP to National Instrument 41-101 General Prospectus Requirements and Related Consequential Amendments

The Canadian Securities Administrators (the CSA or we) are making amendments to mandate a summary disclosure document for exchange-traded mutual funds (ETFs). The amendments are to:

National Instrument 41-101 General Prospectus Requirements; and
Companion Policy 41-101CP to National Instrument 41-101 General Prospectus Requirements.

For more information please contact:

Heather Kuchuran, Senior Securities Analyst, Corporate Finance
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone:  (306) 787-1009
Fax:  (306) 787-5899
Email: Heather.Kurchuran@gov.sk.ca

Securities – CSA Staff Notice 13-315 (Revised) Securities Regulatory Authority Closed Dates 2017

December 6, 2016 - Staff of the Canadian Securities Administrators are publishing CSA Staff Notice 13-315 (Revised) Securities Regulatory Authority Closed Dates 2017.

CSA Staff Notice 13-315 (Revised)

For information contact:

Tony Herdzik, Deputy Director, Corporate Finance
Securities Division
Financial and Consumer Affairs Authority of Saskatchewan
Suite 601, 1919 Saskatchewan Drive
Regina, Saskatchewan S4P 4H2
Phone: (306) 787-5849
Fax: (306) 787-5899
Email: tony.herdzik@gov.sk.ca

Securities – CSA Staff Notice 11-333 Withdrawal of Notices

December 1, 2016 - This notice formally withdraws a number of CSA and local notices. In general, the withdrawn material will remain available for historical research purposes in the CSA members’ websites that permit comprehensive access to CSA notices.

CSA Staff Notice 11-333

For more information, please contact:

Securities Division

Suite 601, 1919 Saskatchewan Drive

Regina, Saskatchewan S4P 4H2

Tel: (306)787-5645

Fax: (306)787-5899

Email: fcaa@gov.sk.ca