Latest news with #GrantVingoe
Yahoo
5 days ago
- Business
- Yahoo
OSC announces next steps on improving investor access to long-term assets
TORONTO, May 29, 2025 /CNW/ - The Ontario Securities Commission (OSC) today announced the introduction of a new OSC LaunchPad Long-Term Asset Fund Project aimed at bringing to market new investment fund products that provide exposure to long-term assets. The LaunchPad project is an opportunity for the OSC to work with firms seeking to develop investment funds that would provide retail investors with exposure to this alternative asset class. In response to stakeholder comments on an OSC consultation paper published in October 2024, the LaunchPad project aims to consider novel exemptive relief requests to permit alternative investment fund structures that provide retail investors with exposure to long-term assets. At the same time, it will explore and require bespoke investor protection controls based on the specific details of each fund and product. "The investment landscape is shifting, and retail investors are increasingly looking to diversify their portfolios," said OSC CEO Grant Vingoe. "The LaunchPad project is supporting new and innovative financial products that can enhance market efficiency and provide new opportunities for investors. Through this work we are bridging the evolving needs of investors and the growth aspirations of firms, all with the support and investor protection oversight of the OSC." The OSC encourages stakeholders to contact us regarding possible investment fund product structures that could increase opportunities for retail investor holdings of long-term assets while maintaining appropriate investor protections, and the exemptive relief that may be necessary to facilitate product launches. The LaunchPad project represents a close collaboration between the Investment Management Division and Office of Economic Growth and Innovation at the OSC. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets, and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at Notes to Editors: In October 2024 the OSC announced a consultation on a new long-term asset fund product structure which aims to improve retail investor access to novel investment opportunities. The consultation proposes the creation of a new investment fund category, the Ontario Long-Term Asset Fund (OLTF), which would allow Ontarians to invest in assets they may not traditionally have exposure to. These assets include venture capital, private debt and equity, and infrastructure and natural resource projects. OLTFs could offer opportunities for more retail investors to participate in capital-intensive projects, while enabling businesses to lower funding costs and raise the capital necessary for growth. Follow us on X Follow us on LinkedIn SOURCE Ontario Securities Commission View original content:
Cision Canada
5 days ago
- Business
- Cision Canada
OSC announces next steps on improving investor access to long-term assets
TORONTO, May 29, 2025 /CNW/ - The Ontario Securities Commission (OSC) today announced the introduction of a new OSC LaunchPad Long-Term Asset Fund Project aimed at bringing to market new investment fund products that provide exposure to long-term assets. The LaunchPad project is an opportunity for the OSC to work with firms seeking to develop investment funds that would provide retail investors with exposure to this alternative asset class. In response to stakeholder comments on an OSC consultation paper published in October 2024, the LaunchPad project aims to consider novel exemptive relief requests to permit alternative investment fund structures that provide retail investors with exposure to long-term assets. At the same time, it will explore and require bespoke investor protection controls based on the specific details of each fund and product. "The investment landscape is shifting, and retail investors are increasingly looking to diversify their portfolios," said OSC CEO Grant Vingoe. "The LaunchPad project is supporting new and innovative financial products that can enhance market efficiency and provide new opportunities for investors. Through this work we are bridging the evolving needs of investors and the growth aspirations of firms, all with the support and investor protection oversight of the OSC." The OSC encourages stakeholders to contact us regarding possible investment fund product structures that could increase opportunities for retail investor holdings of long-term assets while maintaining appropriate investor protections, and the exemptive relief that may be necessary to facilitate product launches. The LaunchPad project represents a close collaboration between the Investment Management Division and Office of Economic Growth and Innovation at the OSC. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets, and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at Notes to Editors: In October 2024 the OSC announced a consultation on a new long-term asset fund product structure which aims to improve retail investor access to novel investment opportunities. The consultation proposes the creation of a new investment fund category, the Ontario Long-Term Asset Fund (OLTF), which would allow Ontarians to invest in assets they may not traditionally have exposure to. These assets include venture capital, private debt and equity, and infrastructure and natural resource projects. OLTFs could offer opportunities for more retail investors to participate in capital-intensive projects, while enabling businesses to lower funding costs and raise the capital necessary for growth.
Cision Canada
14-05-2025
- Business
- Cision Canada
OSC and the Securities and Futures Commission of Hong Kong expand partnership on cross-border supervision and market access
TORONTO, May 14, 2025 /CNW/ - The Ontario Securities Commission (OSC) and the Securities and Futures Commission of Hong Kong (SFC) announced that on May 13, 2025, they signed a Memorandum of Understanding (MoU) to further cross-border supervision and market access. This MoU marks an important milestone in the Ontario and Hong Kong relationship to advance fair, efficient, and competitive capital markets. Effective from May 13, 2025, the MoU will strengthen regulatory collaboration and facilitate the exchange of information between the SFC and the OSC. The SFC will now include Ontario on its list of Acceptable Inspection Regimes. This will facilitate OSC-registered portfolio managers in providing investment management services in respect of SFC authorised funds, giving them greater access to Hong Kong's markets. "The signing of this MoU between the Hong Kong SFC and the OSC marks a significant moment for both markets," said Grant Vingoe, the Chief Executive Officer (CEO) of the OSC. "Through closer collaboration, we are opening up new markets to our regulated firms, while also facilitating cross-border information sharing to protect investors. The OSC and the SFC are close allies in our work to support our firms, protect our investors, and help our capital markets grow." "This MoU represents a pivotal step towards enhancing the regulatory collaboration between the SFC and the OSC. It also lays the foundation for asset managers in both markets to offer cross-border investment management services," said Ms. Julia Leung, the SFC's CEO. "In an ever challenging, complex and shifting global landscape, fostering cross-market industry collaborations and deepening market connectivity between Hong Kong and its trusted and like-minded overseas partners would ensure our capital markets remain robust and resilient." The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at
