 | Equity Crowdfunding Exemption Finalized |
November-10-2015
| Lawyer | Matthew Prager |
| Area | Corporate Finance and Securities |
Summary
The Ontario Securities Commission (OSC) and other participating jurisdictions have published Multilateral Instrument 45-108 Crowdfunding, which includes a prospectus exemption for equity crowdfunding and a registration framework for funding portals, in final form (the “45-108 Crowdfunding Regime”). Subject to ministerial approvals, the 45-108 Crowdfunding Regime will come into force in Ontario on January 25, 2016.
