Compliance-related reports, staff notices and email notifications
The Ontario Securities Commission (OSC) promotes compliance with the requirements of Ontario’s Securities Act and Commodities Futures Act and with any related rules and instruments. The OSC also provides additional guidance in relation to securities law.
Annual compliance reports
The OSC issues annual reports that include the results of compliance reviews, common deficiencies identified in the reviews and suggested best practices.
- OSC Staff Notice: 33-756 - 2024 Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-755 - 2023 Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-754 - 2022 Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-752 - 2021 Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-751 - 2020 Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-750 - 2019 Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-749 - 2018 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-748 - 2017 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-747 - 2016 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-746 - 2015 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-745 - 2014 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-742 - 2013 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-738 - 2012 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-736 - 2011 Annual Summary Report for Dealers, Advisers and Investment Fund Managers
- OSC Staff Notice: 33-734 - 2010 Compliance and Registrant Regulation Branch Annual Report
- OSC Staff Notice: 33-732 - 2009 Compliance Team Annual Report
- OSC Staff Notice: 33-731 - 2008 Compliance Team Annual Report
Other OSC Compliance-related staff notices
The OSC may also issue staff notices on various topics. This includes staff notices that summarize our views and findings on common deficiencies we identified during compliance reviews of firms.
Below is a listing of some recent staff notices issued by the OSC or the Canadian Securities Administrators that are of particular interest to registered firms.
Title
All registered firms
Content
- CSA Staff Notice 31-358 - Guidance on Registration Requirements for Chief Compliance Officers and Request for Comments
- CSA Staff Notice 31-356 Guidance on Compliance Consultants Engaged by Firms Following a Regulatory Decision
- Multilateral CSA Staff Notice 91-306 Compliance Review Findings for Reporting Counterparties
- Joint CSA/SRO Notice 31-351 - Complying with requirements regarding the Ombudsman for Banking Services and Investment (OBSI)
- CSA Staff Notice 31-336 - Guidance for Portfolio Managers, Exempt Market Dealers and Other Registrants on the Know-Your-Client, Know-Your-Product and Suitability Obligations
- CSA Staff Notice 31-323 - Guidance relating to the Registration Obligations of Mortgage Investment Entities
- OSC Staff Notice 81-722 - Mortgage Investment Entities and Investment Funds
- CSA Staff Notice: 31-343 - Conflicts of interest in distributing securities of related or connected issuers
- CSA Staff Notice: 31-334 - CSA Review of Relationship Disclosure Practices
- CSA Staff Notice: 31-314 - NI 31-103 Registration Requirements and Exemptions and Related Instruments Frequently Asked Questions as of February 5, 2010
- CSA Staff Notice: 31-313 - NI 31-103 Registration Requirements and Exemptions and Related Instruments Frequently Asked Questions as of December 18, 2009
- CSA Staff Notice: 33-315 - Suitability Obligation and Know Your Product
Title
Advisers
Content
- CSA Staff Notice 31-342 - Guidance for Portfolio Managers Regarding Online Advice
- CSA Staff Notice 31-347 Guidance for Portfolio Managers for Service Arrangements with IIROC Dealer Members
- CSA Staff Notice: 31-325 - Marketing Practices of Portfolio Managers
- 10 Most Common Deficiencies Among Portfolio Managers (October 2008)
- OSC Notice: 33-729 - Marketing Practices of Investment Counsel/Portfolio Managers
Title
Investment fund managers
Content
- OSC Staff Notice: 33-733 - Report on Focused Reviews of Investment Funds, Sept 2008 - Sept 2009
- OSC Notice: 11-763 - A Focused Review of the Securities Valuation and Expense Allocation Practices of Fund Managers
- OSC Staff Notice: 11-760 - Report on Mutual Fund Sales Practices under Part 5 of National Instrument 81-105 – Mutual Fund Sales Practices