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The EMDA responds to OBSI dispute resolution proposal from CSA

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The EMDA has responded to the CSA's proposal to mandate OBSI as the dispute resolution provider for EMDs (and all registrants). The EMDA is concerned that the OBSI is ill-equipped to service the exempt market and the potential costs to EMDs are unclear and may be high causing unnecessary burden on EMDs.

The comment letter was submitted on February 15, 2013 and can be reviewed here.

As the strong national voice for the exempt market, the EMDA constantly monitors key issues affecting the exempt market. The EMDA has made detailed written submissions to securities regulators and we meet regularly with senior representatives of the provincial securities commissions to advance the issues facing the exempt market professionals.

All comment letters can be found on our website under Advocacy section.