The applicant, MDPIM Canadian Long Term Bond Pool, applied to the Director of the Ontario Securities Commission for exemptive relief from section 2.1(e) of National Instrument 81-101.
The provision prohibits an issuer from filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.
Based on the representations made in the application, the Director granted the requested exemption, subject to the condition that the prospectus be filed no later than April 15, 2010.