Tag: Ontario Securities Commission (OSC)

April 30, 2018 BY Valentina Kirilova

OSC charges two individuals with securities act offences

The Ontario Securities Commission (OSC) has announced that Douglas DeBoer of Ancaster, Ontario and Leonard Lodder of Guelph, 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). DeBoer has been charged with the following offences under the Securities…

Read more
April 19, 2018 BY Valentina Kirilova

OSC jails individual for securities fraud

The Ontario Securities Commission (OSC) has announced today Mr. Sydney Lederman of Toronto, Ontario, was sentenced to 90 days in jail and three years of probation by Justice M. Wong at the College Park-Ontario Court of Justice on April 13, 2018. Following an investigation by the OSC’s Joint Serious Offences Team (JSOT) and prior to…

Read more
April 18, 2018 BY Valentina Kirilova

OSC warns against BitConnect, BitConnect Coin and the BCC Exchange

The Ontario Securities Commission (OSC) has just made a warning against BitConnect. BitConnect manages the websites bitconnect.co and bitconnectcoin.co, where it claims to operate an online exchange platform known as the BCC Exchange. These sites offer multiple investment opportunities that include “mining”, “trading” and “staking” BitConnect Coin, which is also known as BCC Coin. BitConnect…

Read more
New BIS report cites “internalization” by large banks for 7% volume drop
September 22, 2017 BY Valentina Kirilova

OSC publishes Corporate Finance Branch 2016-2017 Annual Report

The Ontario Securities Commission (OSC) has published OSC Staff Notice 51-728 Corporate Finance Branch 2016-2017 Annual Report. The publication provides guidance to the individuals and entities the OSC oversees, and their advisors, to help them comply with regulatory obligations. This year’s report focuses on issues and trends related to Management's Discussion and Analysis (MD&A), non-GAAP…

Read more
Board of Directors
September 01, 2017 BY Valentina Kirilova

OSC announces Investment Funds Product Advisory committee members

The Ontario Securities Commission (OSC) has announced today the members of the Investment Funds Products Advisory Committee (IFPAC) for the 2017-2019 term. The IFPAC advises OSC staff on product developments and innovations in the investment funds and structured products industry, and provides feedback on policy and rule-making initiatives. The Committee typically meets four times a…

Read more
OSC
July 12, 2017 BY Valentina Kirilova

OSC publishes summary report for dealers, advisers and investment fund managers

The Ontario Securities Commission (OSC) has today published OSC Staff Notice 33-748 Annual Summary Report for Dealers, Advisers and Investment Fund Managers. The report provides key information to registrants to help them comply with registration and compliance requirements under Ontario securities law. Current trends in registration, common deficiencies in compliance reviews, and new and proposed…

Read more
September 08, 2016 BY Valentina Kirilova

OSC announces Seniors Expert Advisory Committee Members for 2016 – 2017

The Ontario Securities Commission (OSC) has announced the membership of its new Seniors Expert Advisory Committee (SEAC). The SEAC advises OSC staff on securities-related policy and operational developments that impact older investors and will provide input on the OSC’s related education and outreach activities. OSC staff recognize the importance of consulting seniors’ experts who can provide…

Read more