Tagged: ontario securities commission

Canada Expects Crowdfunding Rules This Summer

In a statement yesterday (Thursday, February 19th), the Ontario Securities Commission shared they expect to release crowdfunding rules this coming summer.  The proposed rules entered a comment period last year and the Commission has been in the process of reviewing the feedback; “The comment period… Read More

OSC “Backgrounder” on Crowdfunding Exemptions (PDF)

Below is the backgrounder published by the Ontario Securities Commission which outlines the proposed exemptions for crowdfunding in Ontario.  There is a comment period that ends on June 18, 2014.     ____________________________ [scribd id=213678602 key=key-1swrg4keo903570hmjzc mode=scroll]

Ontario Proposes New Rules for Crowdfunding

In a release issued by the Ontario Securities Commission (OSC), the regulatory body for the Ontario’s capital markets.  A 90 day public comment period starts for four new exemptions.  These exemptions are intended to facilitate capital raising by businesses at different stages in their development,… Read More

Ontario Securities Commission Provides Update on Crowdfunding

Objective is to Modernize Exempt Market Regulations, Facilitate Capital Raising for Startups. The Ontario Securities Commission (OSC) has announced they intend on publishing in the  first quarter of 2014 the following new capital raising prospectus exemptions for a 90-day public comment period: Offering memorandum exemption,… Read More

Crowdfunding News Roundup: October 31, 2013

Happy halloween to all of our stateside readers! USA Today | Delamaide: Crowdfunding rules help investors Do we have a “stock market rigged in favor of high-frequency traders?” According to this article yes, and it is turning investors away from the stock market. Where will… Read More

Canadian Impact Investing Platform SVX Launches in Toronto

Impact investing crowdfunding platform Social Venture Connexion (SVX) rang the bell last week on the Toronto Stock Exchange, thus officially launching their new platform.  The Ontario Securities Commission had issued an “exemptive relief order” earlier this year to allow the non-profit entity SVX to sell… Read More

Ontario Securities Commission Announces Next Steps in Crowdfunding Review

The Ontario Securities Commission (OSC) today published OSC Notice 45-712 Progress Report on Review of Prospectus Exemptions to Facilitate Capital Raising, which sets out the next steps in the OSC’s exempt market review and consideration of four prospectus exemptions. The objective of this work is to facilitate… Read More

Ontario Securities Commission Approves Crowdfunding for Accredited Investors For Specific Platform

The Ontario Securities Commission (OSC) has approved crowdfunding in Ontario for accredited investors.  The OSC has announced an “exemptive relief order” which will permit the sales of securities via crowdfunding platforms.  This order pertains to a specific non-profit entity called Social Venture Connexion (MaRs SVX),… Read More

OSC Gets Positive Response to Crowdfunding Ideas – Report

The Ontario Securities Commission (OSC)’s recent consultation on crowdfunding options received “favourable comments” reports law firm Osler Hoskin & Harcourt. Osler noted 100 responses to the OSC, most of which supported its crowdfunding exemption proposal, though some had concerns about investor-protection issues. With respect to… Read More

OSC To Host Roundtable On Small Business Investment

The OSC will hold a roundtable on June 11, 2013 to discuss ways investors can help start-ups and small businesses raise money in Canada. It wants to consider how companies can do this by issuing securities without first having to prepare and file a prospectus…. Read More

Canada: The OSC Examines Four New Capital Raising Prospectus Exemptions

On December 14, 2012, the OSC released OSC Staff Consultation Paper 45-710 – Considerations for New Capital Raising Prospectus Exemptions (the “OSC Paper”)1 which examines four ideas for potential capital raising prospectus exemptions; crowdfunding, an offering memorandum exemption for Ontario, and exemptions for sophisticated investors and… Read More

Ontario Securities Commission (OSC) Document Addresses Crowdfunding

The below document was published by the Ontario Securities Commission yesterday which outlines “concept ideas for new capital raising prospectus exemptions in Ontario”.  This specifically addresses the concept of Crowdfunding for our Northern neighbors: While this paper discusses these concept ideas, no decision has been… Read More

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