Further Support For Innovation From The Ontario Securities Commission

Last week, we covered the Ontario Securities Commission's announcement of the OSC LaunchPad initiative, a new resource designed to help FinTech startups and growth companies navigate securities regulation and accelerate their path to market.

This isn't the only way that the OSC has shown its support for the sector. A recent decision from the Commission granted interim relief from certain registration and filing requirements to AngelList, a well-known funding platform that connects investors and growth companies. The decision allows AngelList the opportunity to pilot its model in Canada under OSC supervision, without dealing with the compliance costs and red-tape slowdowns that would otherwise have deterred AngelList from serving the Canadian startup community.