Regulators plan for G20 summit in Toronto
With news reports suggesting that Bay Street is preparing to decamp to the suburbs during the G20 Summit, some of you may be wondering about access to regulators during the week of June 21. On that point, the Investment Industry Regulatory Organization of Canada (IIROC) has stated that its Toronto staff will be working offsite on June 24 and 25. While staff will be picking up voicemail, IIROC is recommending that any contact be made via e-mail. Regulatory and electronic filing systems will function as normal.
Investor service provider Computershare, meanwhile, will be moving all critical functions to back-up locations for June 24 to June 28. It will also be relocating its Toronto Service Counter to Brookfield Place at 42 Yonge Street on those dates. Meanwhile, it appears to be business as usual at the Ontario Securities Commission (OSC) and Toronto Stock Exchange.
Should we hear of any change in plans, we will be sure to post an update.
Update: The Mutual Fund Dealers Association of Canada has announced that its operations will continue in the normal course. MFDA staff in Toronto will work off-site on June 24 and 25 and, while staff will be responding to voicemail, the MFDA recommends email communication during this time.
