CSA publish amendments to scholarship plan disclosure
Earlier today, the Canadian Securities Administrators (CSA) published proposed amendments to National Instrument 41-101 General Prospectus Requirements intended to provide investors with "more meaningful and effective prospectus disclosure" with respect to scholarship plans. A new disclosure form tailored to scholarship plans was also proposed, which would organize the format and content of disclosure in order to make the disclosure "more understandable, accessible and readable." The proposals are open for a 90-day comment period.
