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August 2022 Advocacy Newsletter
Summary:
CAC recently issued a comment letter related to the CSA and CCIR’s efforts to enhance cost disclosure in the securities and insurance sectors. Our comments noted several missed opportunities for the CSA to foster comprehension and comparability across disclosures and product types, and the need for transparency in policy formation. While we support the CSA’s efforts, we believe that total cost reporting in the securities sector is long overdue.