CSA proposed prospectus amendments. The Canadian Securities Administrators published for comment proposed amendments relating to the accredited investor prospectus exemption and the minimum amount investment prospectus exemption in “National Instrument 45-106 Prospectus and Registration Exemptions.” Comments should be submitted by May 28, 2014. (2/27/2014) CSA press release.

CSA guidance on cost disclosure, performance reporting and client statements. The Canadian Securities Administrators published frequently asked questions and answers regarding “Amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103)” and “Companion Policy 31- 103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations,” implementing phase 2 of the client relationship model, which became effective on July 15, 2013. (2/27/2014) CSA press release.