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Securities Act (Ontario) (OSA)
Practical Law Canada Glossary 5-575-5289 (Approx. 2 pages)
Glossary
Securities Act (Ontario) (OSA)
The Ontario provincial legislation prohibiting the distribution of securities unless prospectus filing and delivery requirements or exemptions from such requirements are met.
The OSA regulates reporting obligations of reporting issuers, take-over bids, certain trading practices, insider trading and the registration and conduct of dealers and advisers and includes anti-fraud provisions prohibiting misrepresentations.
See Ontario Securities Act, R.S.O. 1990, c. S.5 and Practice Note, Securities Laws in Canada: Overview.