Ontario Securites Commision - Investor offices
Investor News
August 19, 2020
Investor Experience

The Ontario Securities Commission's (OSC) Investor Office today published a new study that explores retail investor responses to the COVID-19 pandemic. Investors have been confronted with unprecedented uncertainty and the OSC is closely monitoring retail investor experiences and behaviours during this time to support its investor protection mandate. Learn more

Investor Experience

The new study has many findings, including nearly half of investors are experiencing increased levels of stress, most have had communication with their advisors, and few have sold more than 20% of their portfolios during the pandemic. Learn more

Investor Experience

We conducted a survey of nearly 2,000 Canadians in the spring to further our understanding of the retail investor experience in Canada. Given the unique point in time, we asked investors about their actions and attitudes related to investing during the early stages of the COVID-19 pandemic. These findings will be used to inform further work to understand the impact of the pandemic on retail investors. Learn more

Today we have published both the full research findings and a COVID-19 summary report. Over the coming weeks we will publish additional summary reports highlighting key findings.

Modernizing Ontario's Capital Markets

Capital Markets Modernization Taskforce

The Capital Markets Modernization Taskforce released its initial consultation report and is currently seeking feedback from the public and stakeholders on how to transform Ontario's capital markets to:

  • foster economic growth and capital formation
  • reduce regulatory burden
  • improve the regulatory governance structure and framework
  • ensure a level playing-field for all market participants
  • improve investor protection

Comments are due September 7, 2020. Learn more

Walied Soliman

Walied Soliman is the Chair of Ontario's Capital Markets Modernization Taskforce. We recently sat down with Walied to talk about the Taskforce's work, its stakeholder consultations and the more than 47 policy proposals to modernize the province's capital markets. Read the interview

Summertime Financial Checkup

Summertime Financial Checkup

Many Canadians continue to face financial uncertainty given the ongoing COVID-19 pandemic. And even if your financial situation is unchanged, it's still a good idea to take a few minutes to check your financial health.

Understand how much you own, owe, earn, and spend. Our Net Worth Calculator and Financial Goals Worksheet are two popular tools that many investors use throughout the year to help them understand their financial situation.

If you’re struggling with debt or spending more than you earn, here are 6 tips to help you in the short-term. For a long-term solution, consider creating or updating your financial plan. You can create one on your own or work with a professional. Learn more

Improving Your Credit Score

Improving Your Credit Score

Your credit score reflects your financial health. It helps lenders understand how financially responsible you are with debt. Improving your credit score may make it easier to qualify for loans and credit products, such as mortgages and credit cards, and can help you get better interest rates and terms. Learn more 

Building Your Emergency Savings Fund

Building Your Emergency Savings Fund

Some emergencies in life can affect you financially. You could get sick, lose your job, or have a costly repair to your car or home. An emergency savings fund can help you deal with unexpected expenses. Make it a summer goal to build, or rebuild, your fund. Use our Emergency Fund Calculator to get started. Learn more

Balancing Your Portfolio

Balancing Your Portfolio

Diversifying your portfolio with a mix of assets, like stocks and bonds, is a good way to lower risk and smooth out returns.

Over time, your asset mix can change as your individual investments gain or lose value. Rebalancing your portfolio from time to time – either by yourself or with your financial advisor – is part of the regular maintenance you need to do to keep your asset mix close to your financial plan and on track with your goals. Learn more

WIW 2020

The OSC will participate in the fourth annual World Investor Week, a global campaign promoted by the International Organization of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection.

World Investor Week runs from October 5 through 11 in Canada.

Tyler Fleming, Director of the OSC's Investor Office, along with two colleagues from Quebec's Autorité des marchés financiers are Canada's national co-leads. Learn more

Fee Calculator

Fee Calculator

Do you know the impact of fees on your investment returns? Over time, fees can have a major impact on the value of your portfolio. Common types of fees include fund management fees, advisory fees, transactions fees and custodian fees.

Use our Fee Calculator to find how fees could potentially impact your portfolio.

ETF Facts

Understanding ETF Facts

ETF Facts is a document that summarizes key information about an ETF in a simple, accessible and easily comparable format. It is designed to help you make an informed decision about your investment by including information such as a fund’s investments, risk rating, past performance and the costs associated with owning it.

View a sample ETF Facts document using our interactive tool to find out what each section of the document means. Learn more

Syndicated Mortgages

Syndicated Mortgages

The Canadian Securities Administrators (CSA), which includes the OSC, published final amendments that substantially harmonize the regulatory framework for syndicated mortgages in Canada.

The CSA first published proposed changes to the syndicated mortgage regime in 2018 and conducted two comment periods to gather feedback.

Due to the effects of the COVID-19 pandemic, to allow time for stakeholders to implement the changes, the final amendments will come into effect on March 1, 2021. Learn more

Public Consultation on Financial Professionals Title Protection Rule and Guidance

"Financial Planner" and "Financial Advisor" Titles

The Financial Services Regulatory Authority of Ontario (FSRA) is proposing minimum standards for the use of the "financial planner" and "financial advisor" titles, so that consumers can have confidence in the quality of financial planning and financial advisory services they receive from these individuals.

The Government of Ontario has introduced legislation that will require individuals who use the "financial planner" (FP) and "financial advisor" (FA) titles to have a financial planner or financial advisor credential from a FSRA-approved credentialing body. Learn more


The Canadian Investor Protection Fund (CIPF) has released its third Investor Series, Top Facts At-A-Glance, to educate and inform investors about its role in the Canadian financial system. CIPF provides limited protection for property held by a CIPF member firm on behalf of an eligible client, if the firm becomes insolvent. CIPF's mandate was established by Canada's provincial and territorial securities regulators, including the OSC. Learn more




Proposed amendments regarding syndicated mortgages

Comments due: September 21, 2020

The OSC published for comment amendments to its local prospectus and registration exemptions regarding syndicated mortgages. These proposed local amendments, together with final amendments published by the CSA, facilitate the transfer of regulatory oversight of certain syndicated mortgage investments to the OSC. Learn more


Guidance for flexible chief compliance officer arrangements for businesses

Comments due: September 30, 2020

The CSA announced guidance that supports firms' implementation of more flexible chief compliance officer (CCO) arrangements that better align with their operational needs and business models. The guidance outlines three CCO models tailored to the needs of small businesses, specialized businesses, and firms with multiple lines of business. Learn more


Self-regulatory organization framework

Comments due: October 23, 2020

The CSA is seeking input from investors, industry and the public on the framework for self-regulatory organizations in Canada. Learn more


Proposed partial repeal of OSC Rule 48-501 and proposed changes to Companion Policy 48-501CP

Comments due: November 4, 2020

The OSC is proposing amendments of OSC Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions and changes to its related Companion Policy (48-501CP). The proposed amendments would remove restrictions on dealers involved in distributions, formal bids and share exchange transactions; and remove certain restrictions on insiders and associated entities of issuers and selling shareholders. 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.


Karatbars International GmbH, Karatbit Exchange

Karatbars International GmbH and Karatbit (including Karatbit Exchange) are not registered or recognized in Ontario to engage in the business of trading in securities or facilitating transactions relating to securities (including buying and selling securities). Learn more


First City Markets

First City Markets, found at www[dot]firstcitymarkets[dot]com, is not registered in Ontario to engage in the business of trading in securities. Learn more


COVID-19 Fraud Alerts

Watch our new COVID-19 fraud alert videos. Fraudsters are exploiting the fear surrounding economic conditions and the COVID-19 pandemic.

*New* Quick High-Return Schemes. Fraudsters are targeting people experiencing financial hardship from COVID-19 with quick high-return schemes based outside of Canada. 

Fake government messages. Be careful of fraudsters posing as government agencies or departments by text or email.

Financial representative impostors. Be on alert for fraudsters posing your bank or investment firm advisor.

Pump-and-dump scams. This is a type of investment fraud. Fraudsters artificially increase the price of a stock they own by encouraging other investors to buy it. Fraudsters then sell their shares; the price falls and investors lose money. 

Work from home scams. Be on alert for fraudsters offering fake job opportunities and claiming you can earn high profits to replace lost income from COVID-19.


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 in the Community is an outreach program that takes the OSC's regulatory mandate from Bay Street to Main Street. OSC staff travel to communities across Ontario to talk to people about making informed financial decisions and avoiding investment fraud.

To protect the health and safety of the public and staff, all OSC in the Community events will be delivered online or by phone until further notice. We will continue to monitor the situation and follow guidance from public health authorities.

  • August 19, 2020 - Webinar
  • September 17, 2020 - Webinar
  • September 22, 2020 - Webinar
  • September 24, 2020 - Webinar

Learn more

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Follow these 6 financial steps when buying your first home.

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