OSC report highlights Corporate Finance activities

    TORONTO, Nov. 1 /CNW/ - The Ontario Securities Commission (OSC) released
Staff Notice 51-706 Corporate Finance Branch Report 2007 today summarizing the
operational activities of the Corporate Finance Branch for the 2007 fiscal
    The Corporate Finance Branch of the OSC is directly responsible for
regulating 1,100 reporting issuers in Ontario and overseeing compliance with
the province's securities laws in the public and exempt markets. The annual
branch report highlights the results of a number of activities, including a
new approach to continuous disclosure (CD) reviews, reviews of prospectuses,
applications for exemptive relief, merger & acquisitions activity and insider
reporting. The report also provides an update on current service levels.
    "It is important for us to provide transparent and effective guidance to
our issuers on how they can better prepare their filings and comply with
securities laws," said Corporate Finance Director Margo Paul.
    Staff Notice 51-706 Corporate Finance Branch Report 2007 is available in
the Rules, Policies & Notices section of the OSC website www.osc.gov.on.ca.

For further information:

For further information: For Media Inquiries: Wendy Dey, (416) 593-8120;
Laurie Gillett, (416) 595-8913; Carolyn Shaw-Rimmington, (416) 593-2361; For
Investor Inquiries: OSC Contact Centre, (416) 593-8314, 1-877-785-1555 (Toll

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