Ontario Securities Commission appoints Jeff Kehoe as new Enforcement Director LeapRate

October 03, 2016 BY Mike Fox

Ontario Securities Commission appoints Jeff Kehoe as new Enforcement Director

Ontario Securities Commission (OSC) Chair and Chief Executive Officer (CEO) Maureen Jensen announced today the appointment of Jeff Kehoe as Enforcement Director, effective October 11, 2016. Jeff has over a decade of experience overseeing the Canadian capital markets as Director and Vice President of Enforcement at the Investment Industry Regulatory Organization of Canada (IIROC). Prior…

July 27, 2016 BY LeapRate Staff

Canadian regulator OSC warns against binary options broker MaxOptions

Continuing a string of warnings against forex and binary options brokers targeting traders in Canada, Canadian securities regulator the Ontario Securities Commission (OSC) has issued a warning to investors regarding MaxOptions (at website maxoptions.com), and its parent company Tech Plex Ltd. According to the OSC, MaxOptions is not registered in Ontario, Canada to engage in the business of (i)…

July 15, 2016 BY Valentina Kirilova

OSC launches Office of the Whistleblower

The Ontario Securities Commission (OSC) has launched the Office of the Whistleblower, the first paid whistleblower program by a securities regulator in Canada. The OSC also published OSC Policy 15-601 Whistleblower Program, which outlines the program’s eligibility criteria and reflects input received from stakeholders on the program. The OSC’s whistleblower program offers compensation of up…

June 30, 2016 BY LeapRate Staff

Canadian regulator OSC adds binary brokers WinOptions, BigOption and OptionRidge to investor warning list

Canada's largest provincial financial regulator, the Ontario Securities Commission (OSC), has issued three new investor warnings against unlicensed binary options brokers. The OSC typically issues warnings regarding unlicensed companies that appear to be engaging in activities that may pose a risk to investors in its jurisdiction, and which are apparently targeting Canadian traders. The OSC's updated…

February 18, 2016 BY Maria Nikolova

Ontario Securities Commission issues warning against FX broker CMS Trader

The Ontario Securities Commission (OSC) continues to add unlicensed Forex brokers to its Warning List. Less than a month after one of the strictest Canadian financial regulators issued a warning against retail forex broker Sumo Forex Limited, the watchdog publishes a warning against CMS Ventures Limited (also known as Pandorx Ventures Ltd.) The company is…

January 05, 2016 BY Maria Nikolova

Ontario Securities Commission warns against Bristol Offshore

The Ontario Securities Commission (OSC) has just updated its Warning List, which contains the names of individuals and companies that are engaging in activities that may pose a risk to investors. The latest addition to the Warning List is Bristol Financial Offshore, also known as Bristol Offshore. The company, operating from www.bristoloffshore.com, is offering a…

December 20, 2015 BY LeapRate Staff

Canadian regulator OSC issues warnings against binary options operators Binary Brokerz and Redwood

Canada’s leading securities regulator, the Ontario Securities Commission (OSC), has continued its recent crusade against unregulated binary options brokers. The OSC has issued two new warnings, the first being against UK-based DSMG Limited, doing business as Binary Brokerz at website binarybrokerz.com, citing as well the company's affiliate website at brokerz-affiliates.com. The second warning was for Redtulips Consultants Ltd., doing…

November 04, 2015 BY Maria Nikolova

Ontario Securities Commission adds LBinary to Warning List

The financial markets watchdog of Canada's Ontario has earlier today updated its Warning List, with the latest addition being Chelestra Limited, operating as LBinary. Chelestra, which gives an address in Gibraltar, offers a raft of binary options trading services via Lbinary (lbinary.com). The Ontario Securities Commission (OSC) warns that Chelestra/LBinary is not registered in Ontario,…

October 29, 2015 BY Maria Nikolova

Ontario regulator to encourage whistleblowers with rewards of up to C$5 million

The Ontario Securities Commission (the OSC) is joining the raft of global regulators encouraging reports of securities-related misconduct. On Wednesday, the OSC published Proposed OSC Policy 15-601 Whistleblower Program, a set of rules that would be the first of its kind for securities regulators in Canada. Under the proposed policy, eligible whistleblowers are entitled to…

October 10, 2015 BY LeapRate Staff

Canadian regulator OSC issues warnings against binary options operators TNT Options and EveryOption

Canada’s leading securities regulator, the Ontario Securities Commission (OSC), has continued its recent crusade against unregulated binary options brokers. The OSC has issued two new warnings against Romania-based Market City International SRL which operates as TNT Options (or tntoptions.com), as well as UK-based Rich Ventures Ltd. operating as EveryOption (or everyoption.com). Interestingly, on its website EveryOption states that…

Tag: OSC