• Four New Private Placement Exemptions Proposed
  • April 8, 2014 | Author: Neill May
  • Law Firm: Goodmans LLP - Toronto - Toronto Office
  • As a result of a comprehensive review of the exempt market commenced in 2011, the Ontario Securities Commission (OSC) published for comment four new prospectus exemptions. The proposed exemptions are intended to facilitate capital formation, particularly for start-ups and small and medium-sized enterprises. They would also further harmonize the Ontario private placement exemptions with those of other Canadian provinces. The comment period ends on June 18, 2014.