Canada:
IOSCO Considers Trends In Crowdfunding
19 February 2014
Stikeman Elliott LLP
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The IOSCO Research Department recently
released a staff working paper that considers the
emerging growth of crowdfunding. In addition to analyzing the
benefits and risk of crowdfunding, the paper considers platform
business models, current regulatory regimes and trends, and
potential regulatory next steps.
As
we previously noted, the Ontario Securities Commission
intends to release proposed new prospectus exemptions for comment
in the first quarter of this year. A crowdfunding exemption is
one of four exemptions under consideration.
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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