Dealers, Advisers and Investment Fund Managers
The Ontario Securities Commission regulates firms and individuals who are in the business of advising or trading in securities or commodity futures, and firms that manage investment funds in Ontario. The OSC promotes compliance with the requirements of the Securities Act (Ontario) and the Commodities Futures Act (Ontario), and with any related rules and instruments. The OSC provides additional guidance in related policies and notices.
On September 28, 2009, a new Canada-wide regime for registrants came into force. In Ontario, these reforms were introduced through a combination of amendments to the Securities Act (Ontario), National Instrument 31-103 Registration Requirements and Exemptions and amendments to related rules. On July 11, 2011, amendments to this regime for registrants came into force, including changing the name of National Instrument 31-103 Registration Requirements and Exemptions to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103). Transition periods apply to some of the requirements.
This section of the OSC website provides a basic outline of how to apply for and maintain registration under the regime for registrants. It also provides guidance on complying with requirements for registrants and information about OSC compliance reviews of registered firms.
The information in this section should be taken as a guide. The content is not intended to provide investment, financial, accounting, legal, tax or other professional advice and should not be relied upon or regarded as a substitute for such advice. We recommend that you seek advice from a qualified professional adviser before acting on any information or other content appearing on this website or any website to which it may be linked.
For more information:
- National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations
- Companion Policy 31-103CP Registration Requirements, Exemptions and Ongoing Registrant Obligations
- Registration Rules FAQ
- CRM2 FAQ and Planning Tips
- Multilateral Instrument 32-102 - Registration Exemptions for Non-Resident Investment Fund Managers
- Requirement to make OBSI available to clients