Ontario Securities Commission requires detailed financial disclosures before securities may be sold to the public.

Question

Quizplus · Accepted Answer

The Ontario Securities Commission (OSC) is responsible for regulating the securities industry in Ontario, Canada. As part of its mandate, the OSC requires companies seeking to sell securities to the public to provide detailed financial disclosures in accordance with its regulations. Failure to comply with these disclosure requirements can result in penalties and fines.

Ontario Securities Commission Requires Detailed Financial Disclosures Before Securities May