OSC adopts Rules of Procedure and Practice Guideline

By Staff | November 7, 2017 | Last updated on November 7, 2017
1 min read

The OSC has adopted the Rules of Procedure and Forms (Rules) and the Practice Guideline (Guideline).

The objective of the Rules is to ensure that OSC proceedings are conducted in a just, expeditious and cost-effective manner. The Guideline assists with the application of the Rules and sets out timelines for procedural steps in OSC proceedings. The Rules and the Guideline apply to all proceedings where the OSC is required to hold a hearing, or to afford the parties an opportunity for a hearing, before making a decision.

The former OSC Rules of Procedure (2014) and all previous practice guidelines are repealed and are replaced by the new Rules and the Guideline, which are effective immediately.

The Rules and the Guideline are available on the OSC’s website, under the heading Rules of Procedure and Practice Guideline.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.