Remarks by Howard Wetston Chair, Ontario Securities Commission Private Capital Markets Association Annual Conference June 2, 2014

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On June 2, 2014, the Private Capital Markets Association of Canada (the PCMA) held its 2014 Annual Conference at the Board of Trade in Toronto, Ontario.  There were over 320 attendees at a sold out event. As Chairman of the PCMA, I had the distinct honour and pleasure of introducing our keynote speaker, The Honourable Howard […]

Part I – Offering Memorandum Exemption Finally Proposed in Ontario! Other Regulators Also Mulling Changes

On March 20, 2014, the Ontario Securities Commission (the OSC) published for comment a long awaited proposal for a new offering memorandum exemption in Ontario based on a variant of the Alberta model as set out in Section 2.9 of National Instrument 45-106 Prospectus and Registration Exemptions (the OM Exemption). On the same date, Canadian […]

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 […]

WARNING! OSC to Engage in “Mystery Shopping” – Dealers and Advisors Beware!

Mystery Shopper

For Dealers and Advisors and their Representatives The Ontario Securities Commission (the OSC) has recently announced that it will engage in “mystery shopping” research involving dealers and advisors this fiscal year to gauge the suitability of advice currently being provided by registrants.  The purpose of the research is to identify areas of concern that may […]