Canada:
OSC Identifies Issues In Calculation Of Firms' Participation Fees
24 July 2013
Stikeman Elliott LLP
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The Ontario Securities Commission
today released the results of a report conducted
by its Compliance and Registration Regulation Branch in respect of
the annual capital markets participation fees paid by
registrant firms and unregistered capital markets participants. The
report specifically sought to assess the accuracy and completeness
of participation fees submitted for 2012 and identify common
calculating errors. The report also provides firms with guidance on
addressing these common errors. For more information, see OSC Staff Notice
33-741.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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