Bloomberg News

Canada Plan for Funds to Asset-Backed Paper Investors Affirmed

March 13, 2012

The Ontario Securities Commission said a court affirmed that a plan to distribute funds to investors who purchased third-party asset-backed commercial paper is permitted by an earlier court order.

The plan is also backed by the Investment Industry Regulatory Organization of Canada

To contact the editor responsible for this story: Greg Chang at gchang1@bloomberg.net


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