OSC to publish Director's decisions on registration matters
The OSC announced today that it will expand on the types of Director decisions that it publishes online and in the OSC Bulletin to include uncontested cases of regulatory action with regards to the registration status of a registrant. Currently, the OSC only publishes decisions where a registrant exercises the right to be heard in an administrative proceeding known as an "opportunity to be heard". According to the OSC, "the increased transparency resulting from the publication of decisions of the Director ... will provide enhanced investor protection since important information regarding registrant conduct will be communicated to the public in a timely manner." For more information, see OSC Staff Notice 34-701.
