Reposted here with permission, from https://old.reddit.com/r/GMEJungle/comments/14g5q83/canadian_securities_regulators_dont_want_to_hear/
Credit to u/JackTheTranscoder
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Summary:
BACKGROUND Canada doesn’t have a single National Securities Regulator like the SEC. Instead we have 13 Provincial and Territorial Securities Regulators who only recently (in the past 10 years) began to cooperate to harmonize securities regulations across the country. The Ontario Securities Commission (OSC) and the British Columbia Securities Committion (BCSC) are the 2 big boys, and pretty much set the tone for the rest of the country. Quebec’s is pretty big too but none of us know what they’re doing so we will ignore them. …
Now that’s interesting. I wonder how accessible this CDfS is to lending hijinks.