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Ontario Securites Commision - Investor offices
Investor News
OCTOBER 5, 2020
Investor Education in October
 

October is Investor Education Month, and today also marks the first day of World Investor Week in Canada.

In these uncertain times, investor education and protection are more important than ever. We'll be hosting several virtual events throughout the month to help you better manage your finances and make informed investing decisions.

Learn more about the Ontario Securities Commission's (OSC) investor education and outreach activities in October and initiatives from other securities regulators around the world.

 
Check Before You Invest
 

Always check the registration of any person or business trying to sell you an investment or give you investment advice. Registration helps protect you from unqualified or fraudulent individuals. Search for the name of a person or business by visiting CheckBeforeYouInvest.ca

If you need help, call us at the Ontario Securities Commission at 1-877-785-1555.

 
 

A well-thought-out investment plan can help you achieve a more secure financial future. There are many different types of investment products and a plan can help you choose the right ones for your financial situation and circumstance. It can guide your investing decisions, especially in times of uncertainty and market volatility. Learn more

 
Diversify your investments
 

You’ve likely heard the phrase “don’t put all your eggs in one basket.” When it comes to investing, having a mix of different investments in your portfolio can help reduce risk and improve overall investment returns. The right mix is different for each individual and situation. Learn more

 
Susan Greenglass
 

Meet Susan Greenglass, Director of the Market Regulation Branch at the Ontario Securities Commission (OSC).

We recently sat down with Susan to talk about the current consultation on the self-regulatory organization framework, some of the key issues being examined, and what stakeholders can expect in the months ahead. Read the interview

 
COVID-19 & Your Retirement Savings
 

COVID-19 & Your Retirement Savings

Here are some financial tips if you are worried about your retirement savings. If you are near retirement, stock market volatility and a low-interest rate environment may have you wondering if your retirement nest egg will be enough. Before making any major decisions, speak to your financial advisor or review your retirement plan to understand the financial and tax impacts. Learn more

 
Tyler on BNN
 

COVID-19 & Your Investments

Tyler Fleming, Director of the OSC's Investor Office, was on BNN Bloomberg this morning on behalf of securities regulators across the Canadian Securities Administrators (CSA) to discuss investor education and protection activities during the pandemic, and to kick-off Investor Education Month and World Investor Week. Watch on BNN Bloomberg

 
Highlighting the Importance of Investor Education
 

Highlighting the Importance of Financial Education

To mark the "back-to-school" season for investors and highlight the importance of financial education, the OSC’s Investor Office opened the Toronto Stock Exchange. Joining Tyler and Investor Office staff were Grant Vingoe, OSC Acting Chair and CEO, and Leslie Byberg, OSC Executive Director. Watch the Opening Bell

 
Investment Recovery Calculator
 

Investment Recovery Calculator

Have your investments suffered a loss during the pandemic? Use our Investment Recovery Calculator to estimate how long it could take for your investments to recover after a market downturn and how long it could take to get back on track to reach your original goal. Learn more

 
Pay Down Debt or Invest Calculator
 

Pay Down Debt or Invest Calculator

If you have extra money, should you pay off debt or invest? Use our Pay Down Debt or Invest Calculator to find out what your investment must earn to match the return from using your money to reduce debt. Learn more

 
#COVIDFraudChat Twitter Chat
 

#COVIDFraudChat Twitter Chat

Join our upcoming Twitter chat on October 7, 2020 at 1 p.m. by following us @smarter_money or using the hashtag #COVIDFraudChat.

Alongside law enforcement, community organizations and other regulators, we'll be raising awareness of financial fraud during the pandemic as well as sharing tips on how you can protect your money.  

 
Telephone townhall registration
 

Telephone townhalls are a way for the OSC's Investor Office to connect with thousands of Ontarians at a time, in the comfort of their own home. Telephone townhalls work much like a call-in radio show where OSC staff provide information, answer questions and conduct live polls over the course of one hour.

As part of our Investor Education Month activities, we're hosting a telephone townhall on October 19, 2020 at 1:30 p.m. about investing basics and avoiding fraud. Register now

 
 

Investor Education in Canada 2020

The CSA recently published Investor Education in Canada 2020, an annual activity report which highlights CSA and member jurisdictions' investor education and fraud prevention initiatives. Read the report

 
 

CONSULTATIONS

 

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

 

Proposed amendments to National Instrument 94-101 and proposed changes to Companion Policy 94-101

Comments due: December 2, 2020

The CSA published proposed amendments for a second comment period relating to National Instrument 94-101 Mandatory Central Counterparty Clearing of and Companion Policy 94-101 Mandatory Central Counterparty Clearing of Derivatives. Learn more

 

Proposed changes to the offering memorandum prospectus exemption

Comments due: December 16, 2020

The CSA published for comment proposed changes to the offering memorandum prospectus exemption. The changes are reflected in proposed amendments to National Instrument 45-106 Prospectus Exemptions (NI 45-106), as well as proposed changes to Companion Policy 45-106CP Prospectus Exemptions. Learn more

 

WARNINGS/ALERTS

 

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

 

CoinsFM

CoinsFM, found at www[dot]coinsfm[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.

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 as your bank or investment firm advisor.

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

Pump-and-dump scams. This is a type of investment fraud where fraudsters artificially increase the price of a stock they own by encouraging other investors to buy it. 

Work from home scams. Be on alert for fraudsters offering fake job opportunities.

 

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.

 

KEY DATES

 

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.

  • October 6, 2020 - Oshawa (Webinar)
  • October 7, 2020 - Timmins (Webinar)
  • October 8, 2020 - Owen Sound (Webinar)
  • October 8, 2020 - Muskoka (Webinar) 
  • October 13, 2020 - Webinar
  • October 15, 2020 - Uxbridge (Webinar)
  • October 15, 2020 - Toronto (Webinar)
  • October 20, 2020 - Webinar

Learn more

 
oscar - owl

Remember these 3 risks when investing using information found on social media.

 
 
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Visit InvestorOffice.ca to find past issues of Investor News.

 
 
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