Date: September 22, 2015

Issue: Regulatory Reform

To: Mr. Mohamed Ben Salem, General Secretariat, International Organization of Securities Commissions (IOSCO)

Filing Type: International 

Description: CCMC commented on IOSCO's Consulation Report on Elements of International Regulatory Standards on Fees and Expenses of Investment Funds.  CCMC beleives that the standards listed in the 2004 Report need to be updated to reflect market and regulatory changes.  CCMC beleives that changes to the standards should include the benefits of pooled investment through mutual funds and other collective investment schemes. 

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