OSC Staff Proposes Whistleblower Program
|Lawyer||Jonathan Feldman, Neill May|
|Area||Corporate Finance and Securities|
Staff of the Ontario Securities Commission (OSC) is considering introducing a whistleblower program to encourage reporting of breaches of Ontario securities law. The program, if implemented, would be the first of its kind for securities regulators in Canada (although whistleblower programs have been implemented in Canada in the context of tax and competition legislation).