May 15, 2019 @ 8:09 am By JD Alois  |  

The Securities and Exchange Commission (SEC) and the Ontario Securities Commission (OSC) have jointly taken action against Alex Tapscott and NextBlock Global Limited for misleading investors pertaining to digital asset investments. Both agencies require Tapscott-NextBlock to pay penalties affiliated with the securities offering. According to… Read More

March 1, 2019 @ 7:25 am By JD Alois  |  

The Ontario Securities Commission (OSC) has posted the new members of the regulator’s Fintech Advisory Committee (FAC). The FAC ostensibly advises the OSC on developments in the Fintech space while providing perspective on challenges facing emerging fintech firms. While there remains some overlap from last… Read More

February 12, 2019 @ 10:40 am By Cali Haan  |  

The Ontario Securities Commission has stated that it is “looking in” problems at Quadriga CX after it was revealed last week that the Canadian cryptocurrency exchange has been put into credit protection following the December death of its founder, Gerald Cotten. Matters have been further… Read More

February 8, 2019 @ 2:19 am By JD Alois  |  

In an open letter to Canadian securities regulators, leading investment crowdfunding platform FrontFundr pointed a finger at provincial regulators and their inability to foster a robust ecosystem for online capital formation for early-stage Canadian firms. Signed by Peter-Paul Van Hoeken, who is CEO of FrontFundr… Read More

December 9, 2018 @ 8:29 pm By Samantha Hurst  |  

The Ontario Securities Commission (OSC) announced last week it is seeking applications for membership on its Fintech Advisory Committee (FAC). The OSC reported the FAC advises the OSC LaunchPad staff on developments in the fintech space and the challenges faced by start-ups in the securities industry. It… Read More

November 6, 2018 @ 9:22 am By Cali Haan  |  

The Ontario Securities Commission, regulator of capital markets in Canada’s most populous economic-powerhouse province, have created a colourful new website to educate investors about cryptocurrencies: GetSmarterAboutCrypto.ca According to a release announcing the initiative, 5% of adult Ontarians, or around 500 000 individuals, now own “crypto assets,”… Read More

July 9, 2018 @ 6:26 pm By Cali Haan  |  

The Ontario Securities Commission’s (OSC’s) “Statement of Priorities for the Financial Year to End March 31st, 2018,” provides little guidance to Ontario companies trying to advance blockchain-based financial technologies, says Toronto-based blockchain lawyer Amy ter Haar. T Though the report restates the commission’s commitment to protecting… Read More

July 1, 2018 @ 2:00 pm By Cali Haan  |  

The Ontario Securities Commission (OSC) has published a report on a comprehensive survey of 2500 Ontarians regarding their interest in and knowledge of digital currencies like Bitcoin. The report, commissioned by the OSC’s Investor Office and conducted by Innovative Research Group, found that 5%, or… Read More

February 15, 2018 @ 6:10 pm By JD Alois  |  

Investment banking is a highly profitable business. Goldman Sachs, perhaps the most prominent investment bank in the world, raked in $32 billion during fiscal 2017 with the majority of this revenue driven specifically by investment banking. Yet arguably, much of the value that is provided… Read More

December 24, 2017 @ 6:23 am By JD Alois  |  

One of the attractive aspects of Reg A+, as created by the JOBS Act of 2012, is the fact issuers may immediately trade securities following a funding round. This has led to a growing number of SMEs to raise capital under Reg A+ and quickly… Read More

October 25, 2017 @ 10:05 am By JD Alois  |  

Recently the Canadian regulators have gone out of their way to embrace innovation and Fintech in general. This past week, the Ontario Securities Commission (OSC) published a decision on the application of Token Funder to launch an Initial Coin Offering (ICO) and the tokenized security… Read More

October 11, 2017 @ 3:07 am By JD Alois  |  

While some financial regulators have simply stopped Initial Coin Offerings (ICO) or slowed activity in the cryptocurrency space, others have been more receptive towards embracing change and recognizing the fact you need to be more innovative. The Ontario Securities Commission (OSC) is one of the… Read More

February 22, 2017 @ 10:34 am By JD Alois  |  

The Financial Conduct Authority (FCA), the securities regulator in the UK, has signed a cooperation agreement with the Ontario Securities Commission (OSC).  The agreement is designed to provide support to innovative Fintech firms seeking entry into either market. The Agreement allows the FCA and the… Read More

November 3, 2016 @ 10:29 am By Erin Hobey  |  

Under a new agreement, fintech companies in Australia and Ontario will be able to draw on support from the combined resources of their financial regulators as they seek to operate in the others’ market. Signed in Toronto this week, the Australian Securities and Investments Commission… Read More

November 1, 2016 @ 8:37 pm By JD Alois  |  

The Ontario Securities Commission (OSC) is joining a growing roster of global securities regulators to acknowledge the shifting environment of finance and the need to better understand Fintech innovation. The OSC is now seeking applications for a Fintech Advisory Commmittee (FAC) that will advise staff… Read More

October 25, 2016 @ 9:27 am By Erin Hobey  |  

A new program partnership between AngelList and the Ontario Securities Commission (OSC),  is now available to investors in Ontario, reported BetaKit. Eligible investors can now invest in Creative Destruction Lab and NEXT Canada startups raising capital through an AngelList Syndicate, provided the startups are headquartered in, or have significant… Read More

September 28, 2016 @ 12:04 pm By JD Alois  |  

Speaking at the Toronto Region Board of Trade this week, Maureen Jensen, Ontario Securities Commission (OSC) Chair and CEO, delivered a wide-ranging keynote address that tackled the topic of Fintech, regulations and announced a forthcoming regulatory Sandbox for entrepreneurs. Jensen acknowledged the rise of Fintech… Read More

February 20, 2015 @ 12:11 pm By Samantha Hurst  |  

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

April 27, 2014 @ 3:39 pm By JD Alois  |  

As part of a scheduled series of cross country events designed to spread the gospel of crowdfunding, the Equity Crowdfunding Alliance of Canada (ECFA Canada) hosted their inaugural conference in the financial district of Toronto to a packed crowd.  Tickets quickly sold out for the… Read More

March 21, 2014 @ 8:41 am By JD Alois  |  

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]