Canadian securities regulators propose amendments to Multilateral Instrument 13-102 System Fees

On November 21, 2024, the Canadian Securities Administrators issued an update regarding "Canadian securities regulators propose amendments to Multilateral Instrument 13-102 System Fees". The proposal aims to align system fee revenues with projected national systems operating costs by increasing fees for SEDAR+ and the National Registration Database over a five-year period starting in late 2025. This increase is necessary to ensure sufficient funding for the CSA's national systems, with no new system fees being introduced.