Ontario Securities Commission offers new resource for respondents LeapRate

LeapRate interview: Defense against toxic flow, Jeff Wilkins speaks

October 31, 2018 BY Valentina Kirilova

Ontario Securities Commission offers new resource for respondents

The Ontario Securities Commission (OSC) has published “Frequently Asked Questions About Proceedings” on its website. This information is intended to assist respondents, including self-represented parties as well as others involved in proceedings before the Ontario Securities Commission tribunal by answering frequently asked questions and providing a general overview of procedures that can be expected in…

July 16, 2018 BY Valentina Kirilova

OSC warns against forex company HQBroker

The Ontario Securities Commission (OSC) has just warned investors that HQBroker is not registered to sell securities in Ontario. HQBroker manages the website hqbroker.com, where it claims to offer a variety of trading solutions to retail and institutional investors through contracts for difference, derivatives and forex currency pairs. The Securities and Futures Commission of Hong…

Generation Z, the next wave of banking customers, fearful of cyber fraud

July 13, 2018 BY Valentina Kirilova

Ontario millennials face significant obstacles to investing

A new study from the Ontario Securities Commission (OSC) offers insights on barriers to investing for Ontario millennials and how stakeholders can develop and refine products, programs and services that respond to millennials’ needs. Our research findings indicate many Ontario millennials are feeling overwhelmed by investing and don’t know where to start,” said Tyler Fleming,…

May 23, 2018 BY Valentina Kirilova

OSC raises awareness about fraudulent cryptocurrency-related investment schemes

The Ontario Securities Commission (OSC), in conjunction with securities regulators from the North American Securities Administrators Association (NASAA), has announced that it has recently participated in an initiative to raise awareness about fraudulent and unregistered cryptocurrency-related investment schemes. As part of “Operation Cryptosweep,” the OSC joined forces with more than 40 provincial and state regulators…

March 15, 2018 BY Valentina Kirilova

OSC leaves regulatory fees unchanged for two more years

The Ontario Securities Commission (OSC) announced that fee rates under OSC Rule 13-502 Fees and OSC Rule 13-503 (Commodity Futures Act) Fees will remain unchanged for a period of two years, starting April 1, 2018. The OSC is funded by fees from market participants and typically re-evaluates its fee levels every three years. Rates were…

February 16, 2018 BY Valentina Kirilova

Canadian regulator OSC warns against Bitcoin multi-level marketing shop USI Tech

The Ontario Securities Commission (OSC) has warned investors that USI Tech Limited (USI Tech), Eleanor Parker and Casey Combden are not registered to sell securities in Ontario. USI Tech, Ms. Parker and Mr. Combden appear to be involved in a multilevel marketing scheme that targets Ontario investors and encourages them to purchase bitcoin packages. We…

February 08, 2018 BY Valentina Kirilova

OSC announces Fintech Advisory Committee members for 2018

The Ontario Securities Commission (OSC) announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry. This year’s FAC includes key players from a broad spectrum of the fintech community, ranging…

February 02, 2018 BY Valentina Kirilova

OSC charges husband and wife with securities act offences

The Ontario Securities Commission (OSC) announced today that Marc and Helene Brunet of Chesterville, Ontario, have been charged with fraud and related offences under the Securities Act (Ontario) following a lengthy investigation by the OSC’s Joint Serious Offences Team (JSOT). Mr. Brunet and Mrs. Brunet have both been charged with the following offences under the…

January 26, 2018 BY Valentina Kirilova

OSC panel decisions in insider tipping and trading case upheld by Court

On January 25, 2018, the Ontario Court of Appeal announced that it has upheld the Ontario Securities Commission (OSC’s) Reasons for Decision on the Merits dated March 24, 2015 and its Reasons for Decision on Sanctions and Costs dated August 24, 2015 with respect to Howard Miller and Francis Cheng. The Court’s decision was the…

December 22, 2017 BY Valentina Kirilova

OSC adopts final rule for distributions outside Canada

The Ontario Securities Commission (OSC) announced that has adopted OSC Rule 72-503 - Distributions Outside Canada, including Form 72-503F Report of Distributions Outside Canada and Companion Policy 72-503 Distributions Outside Canada. A consequential amendment to OSC Rule 11-501 Electronic Delivery of Documents To The Ontario Securities Commission has also been adopted. The Final Rule adoption…

Tag: Ontario Securities Commission