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OSC ceases in-person hearings until further notice as COVID-19 spreads

The Canadian Press | Jul 31, 2020 15:16

TORONTO — The Ontario Securities Commission says it will not be holding in-person hearings until further notice.

The regulator says the move is in response to challenges the OSC has faced during the COVID-19 pandemic.

The OSC says the office of the secretary is reaching out to parties with upcoming hearings to notify them of the policy.

The office will determine whether those with hearings scheduled up to and including November 30 may proceed via videoconference, teleconference or in writing.

The announcement comes after the OSC announced on March 19 that it will not be holding in-person hearings until at least April 30.

COVID-19 has forced many regulatory bodies across the country to move their hearings online in an effort to quell the virus.

This report by The Canadian Press was first published July 31, 2020.

The Canadian Press

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