The Ontario Securities Commission (the OSC) recently announced that it has commenced a pre-registration review process for new registrant firms, including exempt market dealers (EMDs), in order to assess compliance with Ontario securities law at the time of registration. Why is the OSC doing this? The OSC wants to ensure firm applicants, such as EMDs, [...]Ontario Securities Commission Announces Pre-Registration Reviews of Exempt Market Dealer Applicants – It’s Going to Get Tougher to Get Registered!
September 28, 2014 by
The Ontario Securities Commission (the OSC) recently announced that it has commenced a pre-registration review process for new registrant firms, including exempt market dealers (EMDs), in order to assess compliance with Ontario securities law at the time of registration. Why is the OSC doing this? The OSC wants to ensure firm applicants, such as EMDs, [...]The $150,000 Minimum Investment Exemption in Canada – Proposed Changes
September 12, 2014 by
In Canada, an issuer does not have to provide an investor with a prospectus if an investor purchases, as principal, a security of a single issuer and pays $150,000 or more in cash at the time of the investment. This is a simple prospectus exemption that is based on a minimum investment amount (the MA […]
