The initial phase, focusing on information gathering, will continue into early 2025, with findings guiding subsequent steps.
Individuals with relevant information are encouraged to contact the OSC’s Whistleblower Program.
The Program ensures confidentiality and protections against reprisals for whistleblowers and offers awards of up to $5m for tips leading to successful enforcement actions.
The OSC’s mandate includes protecting investors from unfair or fraudulent practices, fostering confidence in capital markets, and contributing to the stability of the financial system.
Investors are advised to verify the registration of individuals or companies offering investment opportunities and to consult OSC investor materials.