OSC Gets Positive Response to Crowdfunding Ideas - Report
The Ontario Securities Commission (OSC)'s recent consultation on crowdfunding options received "favourable comments" reports law firm Osler Hoskin & Harcourt. Osler noted 100 responses to the OSC, most of which supported its crowdfunding exemption proposal, though some had concerns about investor-protection issues. With respect to crowdfunding's role in small business financing, feedback identified a "gap" in the $1 million to $2 million range that could be addressed, though there were also warnings about "difficult governance structures" that might result.
17 May 2013•9 mins read
