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Whistleblowers

OSC Whistleblower Program Set To Launch This Summer

Written by on April 13, 2016.

A recent report in the Globe and Mail indicates that the Ontario Securities Commission is close to finalizing a whistleblower program, which is expected to launch early this summer. The program will encourage whistleblowers with knowledge of securities law violations to bring them to the attention of the OSC.  It is expected to provide payments to whistleblowers of 5 to 15 per cent of the total penalties imposed in a case, as long as there is a successful prosecution that leads to penalties of ...