OSC Proceedings

Before the Courts


Under section 122 of the Securities Act (Ontario), the OSC has the authority to lay quasi-criminal charges against individuals or companies (the defendants) in the Ontario Court of Justice for alleged violations of the Act.

Quasi-criminal means that a jail term is a possible sanction if a defendant is convicted of a violation of the Act. The court can impose a jail term of not more than five years less a day, a fine of not more than $5 million for each conviction, or both.

The OSC pursues cases in court in order to seek sanctions and penalties that send a strong message of deterrence to those who try to exploit investors.


Upcoming Proceedings - Week of April 7, 2014



Spotlight On - Proceedings

OSC in the Community OSC Dialogue 2013 - October 8, 2013