OSC opens applications to test innovative capital markets solutions through new program
The Ontario Securities Commission (OSC) has opened applications to OSC TestLab, a program that aims to support the testing of new capital markets-related technologies. Through OSC TestLab, which the OSC claims is a first for Canada, the agency aims to encourage the adoption of innovative capital markets solutions by helping tech providers and registrants test them in a live environment. “With OSC Testlab, we are proactively identifying areas where innovative solutions can drive progress in Ontario’s capital markets,” said Grant Vingoe, chair and CEO of the OSC. RELATED: OSC announces new members for Small Business Advisory CommitteeOSC’s Innovation Office also helps businesses with innovative products, services, or applications that benefit investors through its LaunchPad support program. This support extends to time-limited registration or exemptive relief to test solutions in a live environment.