Capital Markets Insights

Equity Crowdfunding: Brave New Market?


Everyone keeps talking about venture capital when they talk about Equity Crowdfunding, but is the real beast the exempt market?

The industry is eagerly anticipating rule changes to the exempt market sector expected to be announced by the Ontario Securities Commission (OSC) before the end of March 2014. The OSC is considering new capital raising prospectus exemptions including an Equity Crowdfunding exemption, which aims to develop an Equity Crowdfunding regulatory framework, focused on investing through online funding portals, an offering memorandum exemption and a family, friends and business associates exemption. More…