On March 23, 2020, the Canadian Securities Administrators (CSA) issued a news release to announce that the CSA has published local blanket orders (Blanket Orders) for market participants that provide a 45-day extension for periodic filings normally required to be made by market participants on or before June 1, 2020. Market
Firms and individuals located/residing in Ontario that trade to, with, or on behalf of, or advise U.S. resident clients may be required to be registered in Ontario, regardless of the client not residing in Ontario.
The Ontario Securities Commission (OSC) is proposing dealer and adviser registration relief for U.S. broker-dealers and U.S. advisers
On April 4, 2013, the Ontario Securities Commission requested comments on its proposed guidelines relating to how the OSC applies the prohibition in section 143.11 of Securities Act on the making of orders of general application (also referred to as “prohibited blanket orders”) to exemption applications.
The OSC has recognized the difficulty in its ability
