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Our response:

CRM2 is a set of new requirements that the Canadian Securities Administrators (CSA) are implementing to ensure investors receive essential information about the costs and performance of their investments. The new requirements, part of the Client Relationship Model Phase 2 (CRM2) cost and performance reporting requirements, apply to all firms registered to deal in securities or act as portfolio managers. The requirements will be phased in over three years, having started July 15, 2014.

For more information, read about cost and performance rules.