Unclear rules could deter registered individuals from actively contributing to their communities
Both industry and investors approve of the OSC's burden-reduction reforms
New report sets out 107 recommendations aimed at easing the regulatory burden
The proposed changes include an exemption from delivering Fund Facts disclosure for certain purchases
The regulator proposed changes to rules for filing reports detailing significant acquisitions
But the industry trade group is calling on the regulator to keep fees in check
Decision is effective immediately
Companies will be able to ask the regulator to review their disclosure before they file a prospectus
The change will result in more than $700K of savings for registrants
A special advisor to the commission shares how the OSC might shift its approach