The Ontario Securities Commission (OSC) has published Staff Notice 33-750 Summary Report for Dealers, Advisers and Investment Fund Managers (the Staff Notice or Summary Report), which reviews information impacting registration, information from compliance reviews, and policy initiatives that affect registrants.
The four-part Summary Report prepared by the staff of the OSC’s CRR Branch (Compliance and Registrant Regulation), provides registrants with information on the following:
- Education and Outreach: links and information to the registration and ongoing educational resources and outreach opportunities available to current and prospective registrants.
- Regulatory Oversight Activities and Guidance: self-assessment tools that can be used by registrants to strengthen compliance with Ontario securities law and, as appropriate, to make changes to enhance their systems of compliance, internal controls, and supervision.
- Impact of Upcoming Initiatives: insights into some of the new and proposed rules and other regulatory initiatives that may impact a registrant’s operations.
- Registrant Conduct Activities: this section is intended to enhance the registrant’s understanding of the CRR Branch’s expectations and interpretation of regulatory requirements. It also provides insight into the types of regulatory actions the CRR Branch may take to address non-compliance.
OSC Staff Notice 33-750 Summary Report for Dealers, Advisers and
Investment Fund Managers is available for download from the website of Ontario Securities Commission.
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.