Effective May 1, 2014, the Canadian Securities Administrators has announced that the Ombudsman for Banking Services and Investments will become the independent and common dispute resolution and mediation service provider that will be required to be used by all registered firms under NI 31-103 in all jurisdictions in Canada, other than in Québec.

The OSC published for comment a long awaited proposal for a new offering memorandum exemption in Ontario based on a variant of the Alberta model as set out in Section 2.9 of National Instrument 45-106 Prospectus and Registration Exemptions (the OM Exemption).

The Ontario Securities Commission announced today its series of Registrant Outreach Programs for 2014.

The OSC recently announced that it has commenced a pre-registration review process for new registrant firms, including exempt market dealers.

Not every type of issuer can raise capital under the existing and proposed Equity Crowdfunding exemptions in Canada.

On October 7, 2013, the Saskatchewan Financial and Consumer Affairs Authority (the FCAA) published a framework for a proposed Saskatchewan-only equity Crowdfunding exemption1 (the Proposed Exemption) and requested public feedback with a comment period ending on November 6, 2013.