TORONTO, May 14, 2013 /CNW/ - The Ontario Securities Commission (OSC) announced today that it will hold a roundtable on June 11, 2013 to hear from investors
and potential investors on investing in start-ups and small and medium
sized enterprises (SMEs).
The OSC is considering ways to help start-ups and SMEs raise money by
issuing securities, such as shares, without first having to prepare and
file a prospectus. A prospectus is a document that includes detailed
information about the business and the securities being offered and
provides certain rights to investors. One of the options being
considered by the OSC is crowdfunding, which would allow businesses to
sell securities over the internet. If crowdfunding was adopted, we
would need to ensure that there are sufficient protections for
OSC staff are interested in finding out whether people are interested in
making these types of investments and, if so, what kind of information
they would want to have and how much they would be willing to invest.
People who are interested in investing in start-ups or SMEs or in
learning more about crowdfunding should attend on June 11. At this
session, OSC staff will give a brief presentation followed by an open
discussion with attendees.
The OSC investor roundtable will take place on Tuesday, June 11, 2013
from 9 am to 11 am on the 22nd floor of the OSC's offices, located at
20 Queen Street West, Toronto, Ontario.
Those wishing to participate in the OSC investor roundtable are asked to
rsvp by email at email@example.com by June 6, 2013.
SOURCE: Ontario Securities Commission
For further information:
For Media Inquiries:
Manager, Public Affairs
Senior Media Relations Specialist
Media Relations Specialist
Follow us on Twitter: OSC_News
For Investor Inquiries:
OSC Contact Centre
1-877-785-1555 (Toll Free)