Ontario Securities Commission Considering Crowdfunding and Other New Prospectus Exemptions

The Ontario Securities Commission (the “OSC”) recently published Consultation Paper 45-710 Considerations For New Capital Raising Prospectus Exemptions (the “Consultation Paper”).  The Consultation Paper seeks feedback on concept ideas for new prospectus exemptions in Ontario aimed at giving start-ups and small and medium sized enterprises greater access to capital markets while maintaining appropriate investor protection.