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Exemptive relief granted to investment fund to file prospectus beyond the 90-day deadline.
The applicant investment fund applied for exemptive relief under section 19.1 of National Instrument 41-101 from the requirement in subsection 2.3(1) to file a prospectus within 90 days of the receipt for the preliminary prospectus.
The Director of the Ontario Securities Commission granted the requested exemption, provided the final prospectus was filed by November 30, 2011.
The Friedburg Global-Macro Hedge Fund Limited Partnership applied to the Director of the Ontario Securities Commission for exemptive relief under section 19.1 of National Instrument 41-101.
The applicant sought relief from subsection 2.3(1), which prohibits filing a prospectus more than 90 days after the receipt for the preliminary prospectus.
The Director granted the requested exemption, provided the final prospectus is filed no later than November 30, 2011.
