OSC temporarily waives all late fees for market participants
TORONTO, ON–The Ontario Securities Commission (OSC) is providing temporary relief to market participants by waiving all late fees that accumulate between April 17, 2020 and June 1, 2020. This is estimated to result in over $300,000 of relief to issuers, registrants and insiders during the relief period. “The current pandemic …
Canadian securities administrators adjust implementation date for client focused reforms
TORONTO, ON–The Canadian Securities Administrators (CSA) published a relief order that provides registrants with an additional six months to comply with the conflicts of interest provisions in the Client Focused Reforms. Registrants will now have until June 30, 2021 to implement these changes. The CSA also published a second relief …