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ARTICLE · 11 MARCH 2024

OSC Releases Digital Engagement Report – Finding Stability Amidst Change

Borden Ladner Gervais LLP
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In its latest draft Statement of Priorities, the Ontario Securities Commission (OSC) indicated some concerns with advice being provided by order execution only firms, and stated that information shared online...

GlobalMedia, Telecoms, IT, Entertainment
AUM Law
AUM Law
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In its latest draft Statement of Priorities, the Ontario Securities Commission (OSC) indicated some concerns with advice being provided by order execution only firms, and stated that information shared online may be incomplete, or misleading. In a potentially related move, the OSC recently released the results of a study Digital Engagement Practices: Dark Patterns in Retail Investing, which looked at the use of digital engagement practices, such as dark patterns, in the investment context used by self-directed investors. The OSC partnered with the Behavioural Insights Team (BIT) for the study. In the report, a "dark pattern" is described as a practice that uses online interfaces to coerce, steer, and/or deceive users into making decisions that benefit a business but may not align with an investor's best interests.

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