Principal-protected Notes Regulations

Marginal note:Information — current value

9 An institution must disclose the following information to an investor who makes an inquiry concerning the value of their principal protected note on a specified day:

• (a) the net asset value of the note on the specified day and how that value is related to the interest payable under the note; or

• (b) the last available measure, before the specified day, of the index or reference point on which the interest is determined and how that measure is related to the interest payable under the note.