Canadian regulators propose rules for public investment funds holding crypto assets
The proposed amendments tailor requirements for Canadian public investment funds investing in crypto assets.
The proposed amendments tailor requirements for Canadian public investment funds investing in crypto assets.
The CSA reminds Canadians that trading in crypto assets comes with elevated levels of risk and may not be suitable for many investors.
Platforms outside Canada that are accessible by Canadians are regarded as operating in Canada for the purposes of securities regulation.
Investors should know that registration cannot eliminate all risks associated with crypto asset trading platforms.
Securities regulators have noticed a recent increase in advertising and marketing by crypto trading platforms.
The notice provides guidance on securities law requirements whether trading crypto assets that are securities or derivatives.
The indices will be available for production in Q3 2020, beginning with the tFOSE BNC Litecoin Index.