Regulatory Burden Reduction
Securities regulators and provincial governments undertake, from time to time, initiatives to reduce regulatory burden on businesses. IFIC supports these initiatives. Regulation imposes costs to the regulatory agency to administer the requirements, costs to the firms to comply with requirements, and costs to the economy from lost opportunities, reduced competition and reduced economic efficiency. All of these costs are ultimately borne by the investor. IFIC will continue to engage with regulators and governments to further these important initiatives by providing constructive suggestions to reduce the regulatory burden on the investment funds industry.