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Exemptive relief granted to extend the 90-day prospectus filing deadline under NI 81-101.
Picton Mahoney Asset Management applied for exemptive relief under section 6.1 of National Instrument 81-101 on behalf of the Picton Mahoney Fortified Core Bond Fund.
The applicant sought relief from subsection 2.1(2), which prohibits filing a prospectus more than 90 days after the receipt for the preliminary prospectus.
The Ontario Securities Commission granted the requested exemption, subject to the condition that the prospectus be filed no later than November 9, 2022.
Exemptive relief granted extending the deadline to file a mutual fund prospectus.
The applicant applied for exemptive relief under section 6.1 of National Instrument 81-101 from the 90-day limit for filing a prospectus after the receipt of a preliminary prospectus.
The Director granted the requested exemption, allowing the prospectus to be filed no later than January 28, 2022.
