Autorité des marchés financiers

Autorité des marchés financiers

January 20, 2012 11:08 ET

AMF Extends Consultation on Compensation: Comments Accepted Until March 9, 2012

MONTRÉAL, QUÉBEC--(Marketwire - Jan. 20, 2012) - The Autorité des marchés financiers (the "AMF") is extending its public consultation on the compensation of consumers of financial products and services, which was launched in December 2011, until March 9, 2012.

The consultation was initially scheduled to end on February 7, 2012. However, given that some interested parties would like more time to submit their comments and given the importance placed by the AMF on this consultation, it was deemed appropriate to extend the time period for comments to March 9, 2012.

To assist individuals and organizations in submitting comments as part of this consultation, the AMF has prepared a Reference Guide that discusses the protection mechanisms related to financial services in Québec. As well, the Notice and Request for Comment sets out various questions that have been raised and highlights the issues related to the compensation of consumers of financial products and services in Québec.

The Autorité des marchés financiers (the "AMF") is the regulatory and oversight body for Québec's financial industry.

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