Toronto, February 24, 2014 — PortfolioAid Inc. has posted a response to Notice 81-324 from the Canadian Securities Administrators, on mutual fund risk classification methodology. PortfolioAid welcomes the initiative by the CSA proposal in principle. Our view is that the goals of a uniform methodology that is easily understood and meaningful to participants is

The full text of the PortfolioAid response appears in this document [PDF]. The document also appears on the website of the Ontario Securities Commission.

About PortfolioAid

Founded in 2001 and headquartered in downtown Toronto, PortfolioAid is Canada’s market leader in trade surveillance and compliance automation solutions. Serving IIROC & MFDA member firms as well as the regulatory bodies that govern them, PortfolioAid effectively reduces monetary and reputational risk across the Canadian financial services industry.

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Elaine Polgar
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