OSC identifies issues in calculation of firms' participation fees

July 18, 2013

The Ontario Securities Commission today released the results of a report conducted by its Compliance and Registration Regulation Branch in respect of the annual capital markets participation fees paid by registrant firms and unregistered capital markets participants. The report specifically sought to assess the accuracy and completeness of participation fees submitted for 2012 and identify common calculating errors. The report also provides firms with guidance on addressing these common errors. For more information, see OSC Staff Notice 33-741.

DISCLAIMER: This publication is intended to convey general information about legal issues and developments as of the indicated date. It does not constitute legal advice and must not be treated or relied on as such. Please read our full disclaimer at www.stikeman.com/legal-notice.