COVID-19: Investment fund industry updates (June 1, 2020)

Ontario Securities Commission continues to temporarily waive late fees

The Ontario Securities Commission (OSC) continues to temporarily waive late fees for market participants impacted by the COVID-19 pandemic. The extensions build on the temporary relief the OSC announced in April of this year.

Late fees will be waived for investment funds, registrants, and firms that rely on certain registration exemptions in Ontario, that accumulate between June 2, 2020 and September 30, 2020.