As part of Ontario’s ongoing deliberations on their path to facilitating crowdfunding the Ontario Securities Commission a series of meetings. These have been scheduled to discuss the merits and challenges specifically associated with crowdfunding.
Staff of the Ontario Securities Commission (OSC) invite you to attend a consultation session in connection with the OSC’s exempt market review, described in OSC Staff Consultation Paper 45-710 Considerations for New Capital Raising Prospectus Exemptions.
|Choice of Sessions|
|Dates:||Wednesday, January 30, 2013 (9:00 am to 11:00 am)
Thursday, February 7, 2013 (9:00 am to 11:00 am)
Friday, February 8, 2013 (9:00 am to 11:00 am)
|Location:||January 30 and February 7, 2013
10 Adelaide Street East, Toronto, Ontario
Birkbeck Room, 2nd Floor
|February 8, 2013
250 Yonge Street, Toronto, Ontario
Seminar Room, 35th Floor
|RSVP:||Email: [email protected]
Deadline: Tuesday, January 22, 2013
The four concepts up for discussion are below:
- a concept for an exemption to allow crowdfunding subject to limits for issuers and retail investors,
- a concept for an offering memorandum exemption,
- a concept for an exemption based on an investor’s investment knowledge, and
- a concept for an exemption based on an investor receiving advice from a registrant.
Requested attendees include:
Retail and institutional investors
Management of issuers, particularly smaller issuers at an early stage of development
Investment dealers, advisors to investors and other registrants
Internal and external legal counsel, auditors and other professional advisors to issuers