Securities Dispute Resolution – Sample Client Disclosure Letter for Exempt Market Dealers and Others


Effective May 1, 2014, all new registered dealers and advisors across Canada, except in Quebec, must take reasonable steps to ensure that the Ombudsman for Banking Services and Investments (OBSI) will be the independent dispute resolution or mediation service that is made available to a client that has an eligible complaint.  For more information about OBSI […]

OBSI – Mandatory ADR for All Canadian Securities Registrants – Coming May 1, 2014


Effective May 1, 2014 (the Effective Date), the Canadian Securities Administrators (the CSA) has announced that the Ombudsman for Banking Services and Investments (OBSI) will become the independent and common dispute resolution and mediation service provider that will be required to be used by all registered firms under NI 31-103[1] in all jurisdictions in Canada, […]

OSC Announces 2014 Outreach Programs


The Ontario Securities Commission (the OSC) announced today its series of Registrant Outreach Programs for 2014. These Programs are a series of free educational seminars to registrants and other industry participants to help them understand their regulatory requirements. Participants can attend in person or access the programs via webinar. Below are the scheduled program topics […]

Hot Off the Presses – Link to the U.S. Securities and Exchange Commission’s Proposed “Regulation Crowdfunding”

The United States Securities and Exchange Commission (SEC) finally released its long awaited proposed rules for equity Crowdfunding under Title III of the JOBS Act.  Today’s proposed rules comes with a 90-day comment period which start from the date they are printed in the Federal Register.   That means equity Crowdfunding could become a reality by Q1 of 2014.