The latest quarterly update to SEDAR+ was completed on November 16, 2024. It includes fixes for reported user experience issues, including filing large (more than 20 investment funds) Investment Fund Group (IFG) prospectus filings with fees, as a single project.
Functionality issues that have been fixed
- Report of Exempt Distribution Item 9 entry workarounds have been removed; refer to the updated Quick Guide for Reports of Exempt Distribution.
- Formal correspondence, such as comment letters and decision documents, can now be attached to Application filings.
- Draft filings no longer display the message ‘The draft cannot be submitted because there have been updates to the filing since you saved it’.
- Draft filings no longer require a placeholder document to save and continue the draft filing at a later time.
- Hyperlinks to French documents in the financial document alerts subscription emails have been corrected.
Limit of 20 investment funds in IFG filings removed for Investment Fund Managers (IFMs)
IFMs who file on behalf of IFGs with a large number of funds are able to submit all funds at the same time when filing long-form, short form and simplified prospectuses, rather than the previous limit of 20 at a time.
- Important note:
- the display of the calculated fees on the Fee Summary page and the payment receipt are not grouped by jurisdiction, which will be fixed by December 8. The CSA did not want to delay the removal of the fund limit, thus is fixing these small items in the weeks.
- On initial submission of the IFG prospectus in SEDAR+, the filing will be in a draft state until the fee calculation completes.
- Users will receive an email notification once the fee calculation completes and the user can then submit the filing to the regulators. Refer to IFG Prospectus Fee Calculation Guide.