The Ontario Securities Commission (OSC) recently announced that seven businesses that will be part of its new  capital markets testing environment, OSC TestLab. This initiative allows businesses to test solutions that can help Ontario registrants and contribute to better investor outcomes.

Seven selected businesses will test solutions that include product comparison, client onboarding, portfolio analytics and assessment tools that leverage behavioural science, artificial intelligence and automation, among other approaches. These are:

  • Broadridge Investor Communications Corporation
  • LockDocs Inc.
  • Mako Fintech
  • Morningstar Research Inc.
  • Syntoniq, Inc.
  • TMX Group
  • Wealthscope 

The participating firms will begin testing later this spring with testing expected to conclude in fall 2022.  

OSC TestLab invites businesses to experiment with innovative solutions in Ontario’s capital markets as part of focused, group testing. Testing will provide opportunities for participants to learn through experimentation and gather feedback that can help to fine-tune and tailor solutions. At the same time, insights from testing can provide valuable input to inform the OSC’s efforts to modernize Ontario’s regulatory environment.

For more details about the tests, including how to participate as a registrant or investor, is available at

For more information, please call Barbara Hendrickson at BAX Securities Law (416) 601 -1004.

This publication is not intended to constitute legal advice. No one should act on it or refrain from acting on it without consulting with a lawyer. BAX does not warrant or guarantee the accuracy or currency or completeness of the publication. No part of this publication may be reproduced without the prior written permission of BAX Securities Law.