Applications will be solicited within a few weeks
FAIR Canada calls on the OSC to appoint a commissioner with a strong retail investor perspective
Companies will need to provide more information about their transition plans
Fees to increase annually over three years
Alleged victims of Ponzi scheme have been located in the U.S., China and Canada
No pervasive compliance problems uncovered
Tang in court on fraud charges
Regulators allege Ponzi scheme defrauded victims of $30 million
Tang says he’s committed no crime
Toronto police issue arrest warrant