Tag: OSC
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CSA Tightens Net Over “Immediate Delivery” Platforms & Stablecoins
On July 30, 2026, the Canadian Securities Administrators (“CSA”) granted exemptive relief to a global financial infrastructure company (“the Filer”) from the dealer registration requirement in the context of certain stablecoin transactions that are “immediately delivered” to Canadian clients (i.e., client assets are not held by the platform). This decision suggests that the CSA is…
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All or Nothing: Examining the Canadian Ban on Prediction Market Platforms
With the announcement in April that certain CIRO[1] dealer members have received regulatory approval to offer event contracts,[2] there has been a consistent stream of public commentary regarding the permissibility of prediction markets for retail Canadian clients. Much of this commentary has been focused on potential consumer protection concerns while others have argued for the…
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Ontario Securities Commission: 2026 Risk Assessment Questionnaire
Earlier today, the OSC issued the much anticipated (maybe a bit of an exaggeration!) 2026 Risk Assessment Questionnaire (“RAQ”). The RAQ is typically issued every two years and is used to help gather additional information on the firms registered with the OSC. This data may be used to help inform future regulatory policy making (e.g.,…
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“Specified Crypto Assets” Expanded to include Solana
Last October, I wrote an article discussing why the CSA needs to pivot away from investment limits placed on crypto assets except for those that are designated as “specified crypto assets” (“SCAs”). At that time, the designated SCAs included: bitcoin, ether, litecoin, bitcoin cash and certain stablecoins. Other than the addition of certain stablecoins, this…