The Ontario Securities Commission (OSC) recently announced the
adoption of OSC Rule 11-501, Electronic Delivery of Documents
to the Ontario Securities Commission (Rule). The Rule mandates
electronic filing (via an online web portal) for a number of
documents that the OSC currently accepts via email, regular mail or
courier. On the assumption that ministerial approval will be
granted, the Rule will come into force on February 19, 2014.
For registrant and exempt firms, it is notable that the Rule
covers most documents required to be filed pursuant to National
Instrument 31-103 – Registration Requirements, Exemptions and
Ongoing Registrant Obligations (such as working capital calculation
forms, notices of reliance on a registration exemption and notices
of a change of ownership of a registrant) and National Instrument
33-109 – Registration Information (such as a firm
registration form on Form 33 109F6 and a change of registration
information form on Form 33-109F5).
