Ontario Securites Commision - Investor offices
Investor News
March 12, 2020
Market Volatility

Stock markets’ recent declines may have you questioning your investments or wondering what to do next. The evolving coronavirus (COVID-19) situation, interest rate changes, declining oil prices and other developments have increased market volatility, and asset prices continue to fluctuate as people react to the uncertainty. The truth is, no one can predict the future, let alone what stock prices will be in a week, month or year from now. But there are practical investing strategies that could be helpful in times when market volatility is high.

Investing in stocks is a common way for investors to save and build their wealth over time. However, all investments come with risk and stocks are no different. Learn about ways to manage some of these risks.

Protecting Older and Vulnerable Investors

Protecting Older and Vulnerable Investors

The Canadian Securities Administrators, which includes the Ontario Securities Commission (OSC), recently proposed changes to protect older and vulnerable investors and give industry the tools to do right by their clients.

The proposals address situations involving diminished mental capacity or the potential financial exploitation of vulnerable clients, covering areas such as Trusted Contact Persons (TCP) and temporary holds where financial exploitation or diminished capacity is suspected.

Protecting Older and Vulnerable Investors

Under the proposed changes, firms and their representatives will be required to take reasonable steps to obtain the name and contact information of a TCP from their clients, as well as the client's written consent to contact the TCP in specified circumstances.

The proposals also set out the steps that firms must take if they place a temporary hold on a transaction due to a reasonable belief that a vulnerable client is being financially exploited, or that a client lacks mental capacity.

The comment period on the proposals closes on June 3, 2020. Read more


The OSC recently announced two new members of its independent Investor Advisory Panel (IAP). Read their biographies.

The IAP advises and comments on proposed rules, policies and investor protection initiatives, while considering the views of a broad range of investors through consultation with investors and organizations representing investors. Learn more

Protect Your Money

Protect Your Money

The Canadian Securities Administrators, which includes the OSC, continues to encourage investors to properly research investment opportunities and stay ahead of the tell-tale signs of fraud during Fraud Prevention Month this March. Read the news release

Can you tell if an investment opportunity is really just a scam? Our Scam Spotter Tool can help you learn how to spot the warning signs of investment fraud. Fraudsters may tempt you with pump-and-dump scams and other "get-rich-quick schemes". Our colleagues at the U.S. Securities and Exchange Commission recently published this alert on coronavirus-related investment scams.

Volatility-linked ETFs

Volatility-linked ETFs

Given the recent stock market volatility, you may have heard the term "fear gauge" or "VIX index" mentioned in the media or among some investors.

Products like volatility-linked ETFs are complex, high-risk investments which benefit from major swings in the market such as a stock market crash. Despite its name, volatility-linked ETFs are very different from most other ETFs. In fact, you could risk major losses if you invest in volatility-linked ETFs without fully understanding how they work, even if you hold them for only a few hours. Learn more

Mutual Funds 101

Mutual Funds 101 Video

Mutual funds are one of the most commonly held investment products in Canada. But how do they work and what do you need to know before investing in one? Watch this video to find out.

Check out our new Financial Literacy 101 video series about money and investing basics on YouTube. We're adding new videos throughout the year, so remember to subscribe to get notified whenever we upload new content.

Seniors and Tax

Seniors and Tax

Did you know, older Canadians may be eligible for certain tax benefits and credits? Whether you are working or retired, you need to file your tax return every year. Filing your return could allow you to access certain benefits or credits, even if you don't have income. Check out these tax highlights for seniors that you may be entitled to.

Prepare Financially for Retirement

Prepare Financially for Retirement

Transitioning from working life to retirement takes careful financial planning and decision-making. Take a moment to outline your goals, retirement preferences and financial situation. Think about events that could disrupt your retirement plans and how you’d want to deal with them. Check out these 7 ways to prepare financially for retirement


Interactive Investing Chart

The stock market has historically performed well over the long-term, but it also experiences short-term fluctuations and occasional bear markets. And, there’s no guarantee you’ll make money on a specific stock at any given point in time.

Use our Interactive Investing Chart to learn about how certain stock indices and investments have performed historically or over specific time periods. You can go as far back as 1935 and add markers for the years that you reached a personal milestone.

International Diversification

International Diversification

Diversification helps to reduce the risk of your portfolio, and an efficient portfolio has the least possible risk for a given return. One way to diversify is by investing in markets and countries around the world. International markets can provide exposure to additional market sectors that may be unavailable in Canada. Learn more

Yield Curves

Yield Curves

Experienced investors may try to predict how interest rate changes will affect bond returns. They use tools like yield curves and duration to help make these predictions and to decide when to hold bonds and when to sell.

Yield curves can be a useful forecasting tool, but there’s no guarantee that a yield curve – and therefore bond prices – will move the way you expect. Learn more


Investor News

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Proposed rule for Non-GAAP and other financial measures

Comments due: May 13, 2020

The Canadian Securities Administrators (CSA) published a second notice and request for comment on revisions to a proposed rule for Non-GAAP and Other Financial Measures (the proposed rule). The rule would establish disclosure requirements for issuers that disclose non-GAAP and other financial measures, which often lack standardized meanings, resulting in potentially misleading disclosure. Learn more


Proposed rule to restrict use of deferred sales charge option

Comments due: May 21, 2020

The Ontario Securities Commission (OSC) published for comment a proposed rule that would restrict the use of the deferred sales charge (DSC) option in the sale of mutual funds. The proposed rule is intended to address negative investor outcomes by limiting the circumstances in which mutual funds with the DSC option can be sold and by giving clients greater flexibility to redeem these investments without penalties. Learn more


Proposed new nationally harmonized crowdfunding rules

Comments due: May 27, 2020

The Canadian Securities Administrators (CSA) is seeking comment on proposed harmonized rules for start-up securities crowdfunding.

Proposed National Instrument 45-110 Start-up Crowdfunding Registration and Prospectus Exemptions would replace and enhance the requirements currently in effect in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick and Nova Scotia. Learn more


Proposed changes to tackle financial exploitation and diminished mental capacity of older and vulnerable clients

Comments due: June 3, 2020

The Canadian Securities Administrators (CSA) published for comment proposed amendments designed to clearly outline how registrants can address situations involving diminished mental capacity or the potential financial exploitation of vulnerable clients. Learn more




Always know the 10 most recent OSC investor warnings and alerts by bookmarking this Fact Card or embedding it on your website or blog.


Axe Invest

Axe Invest, offering investment services on its website found at www[dot]axeinvest[dot]com, is not registered in Ontario to engage in the business of trading in securities. Learn more


Blue Sail Trading

The OSC is warning investors that Blue Sail Trading and its associated trading platform Derivative 360/360Pro (collectively “BST”) are not registered to deal or advise in securities in Ontario. Learn more


Maxi Platinum Ltd., Strategy One Ltd

Strategy One Ltd. and Maxi Platinum Ltd., doing business as www[dot]superbinary[dot]com (together “Superbinary”) appears to operate an online binary options trading platform. Advertising, offering, selling or otherwise trading binary options by any entity, is prohibited in Ontario as specified in CSA Multilateral Instrument 91-102, Prohibition of Binary Options which was implemented on September 28, 2017. Learn more


IOSCO Investor Alerts

Stay informed about the latest international investor warnings and alerts by visiting the International Organization of Securities Commissions (IOSCO) Investor Alerts Portal.




OSC in the Community

OSC staff are taking the Commission's regulatory mandate from Bay Street to Main Street with seminars on preventing fraud and making informed investment decisions.

  • March 16, 2020 - Stouffville
  • March 17, 2020 - Collingwood
  • March 23, 2020 - Chatham
  • March 25, 2020 - Toronto (North York)
  • March 26, 2020 - Sudbury
  • March 27, 2020 - Sudbury
  • March 31, 2020 - Toronto (Scarborough)
  • April 7, 2020 - Newmarket

Learn more

oscar - owl

Consider these 4 ways to deal with market volatility.

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