The Canadian Advocacy Committee (CAC) of Canadian CFA Societies is please to have an opportunity to respond to the proposed change for National Instrument 51-102. The CAC represents the 13,000Canadian members of CFA Institute1 and its 12 Member Societies across Canada. The CAC membership includes portfolio managers, analysts and other investment professionals in Canada who review regulatory, legislative, and standard setting developments affecting investors, investment professionals, and the capital markets in Canada.

1. Venture issuers and debt-only issuers – Should...

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