http://www.osc.gov.on.ca/ This feed contains orders, rulings and decisions issued by the Commission on discretionary relief, cease trade orders, take-over bids, enforcement proceedings and other matters. en-us Tue, 21 May 2013 15:53:29 EDT http://blogs.law.harvard.edu/tech/rss http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/XyGDNlOQjqc/SecuritiesLaw_ord_20130516_226_henderson.htm WHEREAS on March 30, 2012, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”), in connection with a Statement of Allegations filed by Staff of the Commission (“Staff”) on March 30, 2012 with respect to Beryl Henderson (“Henderson”);<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/XyGDNlOQjqc" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_226_henderson.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/imLTpw8JuWM/SecuritiesLaw_ord_20130516_211_integra-capital.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Exemption granted from the requirements of paragraphs 2.2(1)(a), 2.5(2)(a), and 2.5(2)(c) of National Instrument 81-102 Mutual Funds to allow a mutual fund subject to NI 81-102 to invest up to 10% of its assets in a bottom pooled fund managed by the same fund manager. Exemption granted on the basis that bottom fund will comply with Parts 2, 4 and...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/imLTpw8JuWM" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_211_integra-capital.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/pSYOz2ROozQ/SecuritiesLaw_ord_20130516_212_ft-portfolios.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – Exemptive relief granted to exchange-traded funds for initial and continuous distribution of units – Relief to permit the funds’ prospectus...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/pSYOz2ROozQ" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_212_ft-portfolios.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/P0DGtybMb34/SecuritiesLaw_ord_20130516_224_cds.htm WHEREAS the Ontario Securities Commission (Commission) issued an order dated July 4, 2012 pursuant to section 21.2 of the Act continuing the recognition of The Canadian Depository for Securities Limited (CDS Ltd.) and CDS Clearing and Depository Services Inc. (CDS Clearing) as clearing agencies (Recognition Order);<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/P0DGtybMb34" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_224_cds.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/CddQcTaZSDo/SecuritiesLaw_ord_20130516_215_investors-japanese.htm NP 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions -- approval of mutual fund mergers -- approval required because mergers do not meet the criteria for pre-approval -- differences in investment objectives -- some mergers will not occur on a tax-deferred basis -- securityholders of terminating funds provided with ...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/CddQcTaZSDo" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_215_investors-japanese.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/dhooJUX97fk/SecuritiesLaw_ord_20130516_221_energy-syndications.htm WHEREAS on April 8, 2013, the Ontario Securities Commission (the “Commission”) convened to conduct a hearing on the merits with respect to the allegations contained in the Statement of Allegations filed by Staff of the Commission (“Staff”) on March 30, 2012 in respect of Energy Syndications Inc., Green Syndications Inc., Syndications Canada Inc., Daniel Strumos (“Strumos”), Michael Baum (“Baum”), and Douglas William Chaddock (“Chaddock”);<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/dhooJUX97fk" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_221_energy-syndications.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/ZlujxYdVe9I/SecuritiesLaw_ord_20130516_213_plazacorp.htm Multilateral Instrument 11-102 – Passport System and National Policy 11-203 – Process for Exemptive Relief Applications in Multiple Jurisdictions – Takeover Bids – Identical consideration – Issuer needs relief from the requirement in section 2.23 of Multilateral Instrument 62-104 Take-Over-Bids and Issuer Bids and...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/ZlujxYdVe9I" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_213_plazacorp.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/LaIoa0Vr3Zo/SecuritiesLaw_ord_20130516_2111_starlight.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – National Instrument 51-102 Continuous Disclosure Obligations – Application for relief from requirement in Section 8.4 of NI 51-102 to include financial statement disclosure in business acquisition report – Filer completed the...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/LaIoa0Vr3Zo" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_2111_starlight.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/W10i3Ad7edU/SecuritiesLaw_ord_20130516_223_bunting-waddington.htm WHEREAS on March 22, 2012, the Ontario Securities Commission (the “Commission”) issued a Notice of Hearing pursuant to sections 127 and 127.1 (the “Notice of Hearing”) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) in respect of Jenifer Brekelmans ("Brekelmans");<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/W10i3Ad7edU" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_223_bunting-waddington.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/fNt4Q6frI3Q/SecuritiesLaw_ord_20130516_2110_genworth.htm <p>Multilateral Instrument 11-102 Passport System and National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions -- National Instrument 55-104 Insider Reporting Requirements and Exemptions -- Relief granted from the ...</p><img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/fNt4Q6frI3Q" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_2110_genworth.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/HwkpvyOkgLw/SecuritiesLaw_ord_20130516_225_childrens-education.htm WHEREAS on September 14, 2012, the Ontario Securities Commission (the “Commission”) ordered pursuant to subsections 127(1) and (5) of the Securities Act, R.S.O. 1990, c. S.5 as amended (the “Act”) and with the consent of Children’s Education Funds Inc. (“CEFI”) that the terms and conditions (the “Terms and Conditions”) set out in...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/HwkpvyOkgLw" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_225_childrens-education.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/cDTIdU0TjVA/SecuritiesLaw_ord_20130516_214_nav-canada.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions -- Reporting issuer seeking relief so that it can continue to file financial statements in accordance with pre-changeover Canadian GAAP (rather than IFRS) for periods relating to the issuer's financial year beginning on September 1, 2014 and...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/cDTIdU0TjVA" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_214_nav-canada.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/w8O2K2Xcyf4/SecuritiesLaw_ord_20130516_216_primaris.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions -- application for an order that the issuer is not a reporting issuer.<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/w8O2K2Xcyf4" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_216_primaris.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/0PjdIRBr7w0/SecuritiesLaw_ord_20130516_217_griffiths-energy.htm National Policy 11-203 -- Filer granted permission to make statements in a preliminary prospectus to the effect that it will apply to list its common shares on the premium listing segment of the official list of the Financial Services Authority and will apply for such common shares to ...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/0PjdIRBr7w0" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_217_griffiths-energy.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/3FKPnmI8FGc/SecuritiesLaw_ord_20130516_218_thales.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions -- Application for relief from the prospectus and dealer registration requirements for certain trades made in connection with an employee share offering by a French issuer -- The offering involves the use of collective employee shareholding vehicles, each a ...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/3FKPnmI8FGc" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_218_thales.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/bMpyCbc6LCQ/SecuritiesLaw_ord_20130516_219_kelt-exploration.htm National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions -- exemption granted from the requirement to include in a business acquisition report approximately one year of financial statement disclosure financial statements do not exist in respect of this period -- exemption conditional upon the ...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/bMpyCbc6LCQ" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_219_kelt-exploration.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/gUizqze3crE/SecuritiesLaw_ord_20130516_222_ovenden.htm WHEREAS on April 11, 2012, the Ontario Securities Commission (the “Commission”) issued an order (the “Temporary Order”) pursuant to subsections 127(1) and 127(5) of the Securities Act, R.S.O. 1990, c. S.5, as amended (the “Act”) that:<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/gUizqze3crE" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_222_ovenden.htm?RSS=ORDEN http://feedproxy.google.com/~r/rss_osc_orders_rulings_decisions_en/~3/yTQg4hotCK8/SecuritiesLaw_ord_20130516_2511_taylor-asset.htm Clause 213(3)(b) of the Loan and Trust Corporations Act – application by manager, with no prior track record acting as trustee, for approval to act as trustee of pooled funds and future pooled funds to be managed by the applicant and offered pursuant to ...<img src="http://feeds.feedburner.com/~r/rss_osc_orders_rulings_decisions_en/~4/yTQg4hotCK8" height="1" width="1"/> Thu, 16 May 2013 EDT http://www.osc.gov.on.ca/en/SecuritiesLaw_ord_20130516_2511_taylor-asset.htm?RSS=ORDEN