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ARTICLE · 15 MARCH 2019

OSC Announces Stakeholder Consultation On Burden Reduction

Comments are due by March 1, 2019.

CanadaCorporate/Commercial Law

The Ontario Securities Commission (OSC) recently published OSC Staff Notice 11-784: Burden Reduction (OSC Staff Notice 11-784), seeking input from stakeholders on ways to reduce regulatory burden for issuers, registrants, investors and other market participants. OSC Staff Notice 11-784 is the latest of several initiatives undertaken by the OSC to consider and implement steps aimed at reducing regulatory burden. Other ongoing projects include the burden reduction initiatives described in Canadian Securities Administrators (CSA) Staff Notice 81-329: Reducing Regulatory Burden for Investment Fund Issuers and CSA Staff Notice 51-353: Update on CSA Consultation Paper 51-104 Considerations for Reducing Regulatory Burden for Non-Investment Fund Reporting Issuers.

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