• The OSC Examines Four New Capital Raising Prospectus Exemptions
  • February 6, 2013
  • Law Firm: Borden Ladner Gervais LLP - Toronto Office
  • On December 14, 2012, the OSC released OSC Staff Consultation Paper 45-710 - Considerations for New Capital Raising Prospectus Exemptions (the “OSC Paper”) which examines four ideas for potential capital raising prospectus exemptions; crowdfunding, an offering memorandum exemption for Ontario, and exemptions for sophisticated investors and investors that have received advice from investment dealers. The OSC Paper makes it clear that these exemptions are still just “concept ideas” that may not be adopted in the form being considered, if at all.