OSC

OSC to hold roundtable to discuss women on boards Fallback Image Decorative pattern

Industry

OSC to hold roundtable to discuss women on boards

The Ontario Securities Commission will hold a roundtable to discuss the findings of its third annual review of disclosures related to women on boards and in executive positions. The review looked at disclosures under National Instrument 58-101: Disclosure of Corporate Governance Practices relating to women on boards and in executive officer positions, and will be […]

By Staff |September 7, 2017

1 min read

OSC announces product advisory committee Fallback Image Decorative pattern

Industry

OSC announces product advisory committee

The Ontario Securities Commission has announced the members of the Investment Funds Products Advisory Committee (IFPAC) for the 2017-2019 term. The IFPAC advises OSC staff on product developments in the investment funds and structured products industry, and provides feedback on policy and rule-making initiatives. The committee typically meets four times a year with members participating […]

By Staff |August 31, 2017

1 min read

Why this banned rep is still allowed to direct real estate investments Fallback Image Decorative pattern

Industry

Why this banned rep is still allowed to direct real estate investments

The Ontario Securities Commission says it will allow a banned mutual fund rep to continue to serve as a director of real estate investments so that he can generate enough income to try to repay more than $1 million to harmed investors. An OSC settlement agreement, released in June, found that the former mutual fund […]

By Staff |July 20, 2017

3 min read

Manulife agrees to $11.7M no-contest settlement with OSC Fallback Image Decorative pattern

Industry

Manulife agrees to $11.7M no-contest settlement with OSC

The Ontario Securities Commission has approved an $11.7-million no-contest settlement agreement with Manulife Securities Inc. and Manulife Securities Investment Services Inc. This settlement follows allegations by OSC staff that Manulife dealers’ systems of controls and supervision had inadequacies that resulted in certain clients paying excess fees that were not detected or corrected quickly enough. OSC […]

By Staff |July 13, 2017

2 min read