Tag: OSC

February 03, 2017 BY Valentina Kirilova

OSC launches new website for investors on CRM2 reports

The Ontario Securities Commission (OSC) just launched InvestmentReporting.ca, a new website that helps investors navigate new annual reports introduced as part of the Canadian Securities Administrators’ Client Relationship Model – Phase 2 (CRM2) initiative. The reports provide greater transparency about the performance of an investor’s account over specific periods of time and the fees paid…

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January 31, 2017 BY Valentina Kirilova

OSC warns: Kevin O’Leary falsely linked to binary options trading platforms and software

The Ontario Securities Commission (OSC) warned investors about advertisements using the image or likeness of Canadian businessman and television and radio personality Kevin O’Leary to promote “get rich” schemes using certain binary options trading software and platforms. OSC Staff have communicated with representatives of Kevin O'Leary and confirmed that he has not approved the use…

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November 29, 2016 BY Valentina Kirilova

OSC announces two new Commissioner appointments

Ontario Securities Commission (OSC) Chair and CEO Maureen Jensen has announced today the following appointments to the OSC. The Commissioners will each serve a two-year term effective November 16, 2016. Philip Anisman, BA, LLB, LLM, JSD has almost 50 years of experience teaching and practising securities and corporate law. A former professor of law and…

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November 28, 2016 BY LeapRate Staff

Canada's OSC warns against unregulated Retail Forex broker Zurich Prime

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 Zurich Prime, operating from website zurichprime.com. The OSC actually issued two separate warnings – one to U-Nex Solutions SRL which the Zurich Prime website states is based in Romania…

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November 02, 2016 BY Valentina Kirilova

ASIC and OSC sign agreement to support innovative businesses

Innovative fintech companies in Australia and Ontario will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market, under a new agreement. Under the agreement, signed in Toronto this week, the Australian Securities and Investments Commission (ASIC) and the Ontario Securities Commission…

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November 01, 2016 BY LeapRate Staff

Canadian regulator OSC warns against unregulated Binary Options broker B4Binary

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 B4Binary, operating from website b4binary.com. The OSC actually issued two separate warnings - one to Service Global 52 Ltd which the B4Binary website states owns and operates the site,…

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October 31, 2016 BY Valentina Kirilova

OSC approves no-contest settlement agreement with CIBC World Markets Inc., CIBC Investor Services Inc. and CIBC Securities Inc.

The Ontario Securities Commission (OSC) has approved a no-contest settlement agreement with CIBC World Markets Inc., CIBC Investor Services Inc. and CIBC Securities Inc. (the CIBC Dealers) in relation to a matter that the CIBC Dealers discovered and self-reported to the OSC, and that resulted in certain clients paying excess fees. This settlement follows allegations…

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October 24, 2016 BY Valentina Kirilova

OSC unveils OSC LaunchPad, a first for Canada

The Ontario Securities Commission has unveiled OSC LaunchPad, the first dedicated team by a securities regulator in Canada to help fintech businesses navigate securities law requirements and accelerate time-to-market. OSC LaunchPad will provide direct support to eligible new and early-stage fintech businesses that provide innovative services, products and applications of benefit to investors. The support…

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