Submissions to Government

Follow-Up Letter to Ontario Securities Commission (OSC) New Procedure of Calling Investors

The Ontario Securities Commission (OSC) announced in June 2012 that it will be conducting a targeted review (sweep) of a sample of registered dealers and advisers to assess their compliance with know-your-client (KYC), know-your-product (KYP) and suitability obligations. The OSC is implementing its new review procedure of calling investors as a part of this sweep and all of its routine compliance reviews going forward.

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