Investor Office at Ontario Securities Commission

thanks for Binance

Gives people the run around, these people are idiots. Canada is turning out to be a big waste of money.

Horrible....horrible....horrible. Tried to fill out an online complaint. Could not. The only browsers supported are IE 8, Firefox 3.6 and Safari 4. What a joke. No Chrome, the world's most popular browser! Microsoft stopped supporting it 16 months ago! Is there something less than 1 star? Why does disservice" equate to a single star?"

Didn’t have a great experience. Staff wasn’t knowledgeable at all, wasted my time and got nothing done. Won’t be returning.

Good

Excellent workplace

The OSC denied our registration for a perfectly competent new entrant in the robo advisor space. Basically these were 5 predefined portfolios from a portfolio manager who has been building them for nearly a decade. The role of the AR is to advise clients either by phone or in writing which of these pre-defined 5 (read it 5) portfolios they should be in from conservative to growth, also read on the phone. This is mom and pop calling in with no clue on what they should be invested in and after chatting with them for about 10 to 15 minutes, they're in one of the portfolios. No no said the OSC, they wanted someone with more experience, but if he has the experience it would have been illegal. This is AFTER we had built the entire platform first at their rewuest closing close to half a million dollars and paid THEM and LEGAL over $45,000 CAD in fees. This is after 210 days of registration time and years of costly software development. The regulation in Canada and Ontario is excessive. The funds were held by the biggest broker in the world, Interactive Brokers. This wasn't good enough for them and they treated us like criminals, went email silent for 6 weeks as they twiddled their thumb, then came the denial email. The so called fintech team 'Launchpad' did nothing at all and said you are in the registration process. The SEC in the USA registered our Jewish portfolio manager in 3 days flat because he has his CFA (that's 4 years of school) related to portfolio management to talk to mom and pop on the phone! Wasn't good enough for the OSC. Insane! We left Ontario, Canada and couldn't be happier. My advice to anyone thinking of engaging in Ontario DON'T DO IT. You will waste your time and effort, go look the the US, UK, AU anyone of those we REALLY regret it.

Without my evidence of fraud met, she shouldn’t give me other optional steps for the situation I didn’t want. She knew my expectation, and the truth was the process of fund was over and irrelevant at the point. I already emailed her that I didn’t want to beat a dead horse. She know I HAD option/opportunity to not file a complaint with the government when I wanted to referring to the “case” (as conservation/complaint). She ironically emailed me there’s insufficient evidences I provided for her; deflected my option and choice after I said fake hope. I told her it was probably hard. She didn’t release me.After discussing it with a lawyer without my consent, she emailed me implied there’s nothing I can do to a fraud by she giving me other defeated options of doing something about a recovery. She wasn’t also honest about the line is at end first. She delayed the conflict for me. And she held on me voluntarily for the conservation with a lawyer—without my consent or her request in a right manner.Back to the point where her latest/previous vague useless email options got instead of her apology or respect toward my right decision and choice of not put a lot of efforts into a recovery. I decided to report my complaint to OSC. I never heard back from them. And her email correspondence was unfairly ambiguous and unambiguous. Obviously, it happens to many OSC clients in common.