• Crowdfunding Rules Set to Come into Force
  • February 4, 2016 | Author: James Leech
  • Law Firm: Brooks Business Lawyers - Toronto Office
  • On January 25, 2016, Multilateral Instrument 45-108 - Crowdfunding (MI 45-108) made by the Ontario Securities Commission (OSC) will come into force in Ontario. MI 45-108 is the core securities regulatory framework governing crowdfunding and online funding portals. These crowdfunding rules (Crowdfunding Rules), together with related policy changes, were made by the OSC on November 5, 2015, and were approved by the Minister of Finance on December 16, 2015.