{"id":3765,"date":"2024-10-09T09:58:42","date_gmt":"2024-10-09T13:58:42","guid":{"rendered":"https:\/\/cfacanada.org\/osc-proposed-process-for-distributing-disgorged-funds-to-harmed-investors\/"},"modified":"2024-10-11T12:23:52","modified_gmt":"2024-10-11T16:23:52","slug":"osc-proposed-process-for-distributing-disgorged-funds-to-harmed-investors","status":"publish","type":"post","link":"https:\/\/cfacanada.org\/fr\/osc-proposed-process-for-distributing-disgorged-funds-to-harmed-investors\/","title":{"rendered":"OSC – Proposed Process for Distributing Disgorged Funds to Harmed Investors"},"content":{"rendered":"
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OSC – Proposed process for distributing disgorged funds to harmed investors<\/h1>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n\n

T\u00e9l\u00e9charger le PDF :<\/h2>\n\n\n\n

OSC – Proposed process for distributing disgorged funds to harmed investors<\/a><\/p>\n\n\n\n

<\/p>\n\n\n\n

R\u00e9sum\u00e9 de la lettre :<\/h2>\n\n\n\n

La Commission des valeurs mobili\u00e8res de l’Ontario (CVMO) a publi\u00e9 pour commentaires une proposition de r\u00e8gle qui \u00e9tablirait une nouvelle proc\u00e9dure de restitution de l’argent aux investisseurs l\u00e9s\u00e9s.<\/p>\n\n\n\n

Le processus propos\u00e9 s’appliquerait lorsque le d\u00e9gorgement est ordonn\u00e9 dans le cadre d’une proc\u00e9dure d’application devant le Tribunal des march\u00e9s financiers ou la Cour sup\u00e9rieure de justice de l’Ontario et que la CVMO re\u00e7oit suffisamment de fonds pour rendre possible une distribution.<\/p>\n\n\n\n

La CVMO publie la proposition de r\u00e8gle pour tenir compte des r\u00e9centes modifications l\u00e9gislatives apport\u00e9es \u00e0 la Loi sur les valeurs mobili\u00e8res de l’Ontario, \u00e0 la Loi sur les contrats \u00e0 terme sur marchandises et \u00e0 la Loi sur la Commission des valeurs mobili\u00e8res, 2021. Une fois promulgu\u00e9es, les modifications l\u00e9gislatives cr\u00e9eront un cadre statutaire pour la distribution des fonds re\u00e7us par la CVMO en vertu d’ordonnances de d\u00e9gorgement.<\/p>\n\n\n\n

<\/p>\n\n\n\n

Aper\u00e7u des commentaires du Conseil :<\/h2>\n\n\n\n

La Commission des valeurs mobili\u00e8res de l’Ontario (CVMO) a publi\u00e9 pour commentaires une proposition de r\u00e8gle qui \u00e9tablirait un nouveau processus de restitution de l’argent aux investisseurs l\u00e9s\u00e9s – connu sous le nom de d\u00e9gorgement.<\/p>\n\n\n\n

Le processus propos\u00e9 s’appliquerait lorsque la restitution est ordonn\u00e9e dans le cadre d’une proc\u00e9dure d’application devant le Tribunal des march\u00e9s financiers ou la Cour sup\u00e9rieure de justice de l’Ontario et que la CVMO re\u00e7oit des fonds suffisants pour permettre une distribution.<\/p>\n\n\n\n

Le CAC a exprim\u00e9 son soutien aux r\u00e8gles propos\u00e9es, en particulier :<\/p>\n\n\n\n

    \n
  • la capacit\u00e9 de la CVMO \u00e0 distribuer des fonds sans administrateur nomm\u00e9 par le tribunal dans certains cas<\/li>\n\n\n\n
  • la possibilit\u00e9 d’une proc\u00e9dure plus efficace et plus rapide pour les investisseurs l\u00e9s\u00e9s<\/li>\n\n\n\n
  • la prise en compte des cadres d’autres juridictions dans l’\u00e9laboration des r\u00e8gles<\/li>\n\n\n\n
  • la possibilit\u00e9 pour les investisseurs de demander r\u00e9paration par le biais d’actions civiles ou de plaintes aupr\u00e8s de l’OSBI, sans que cela n’ait n\u00e9cessairement d’incidence sur leur droit \u00e0 r\u00e9clamer les montants d\u00e9gorg\u00e9s.<\/li>\n<\/ul>\n\n\n\n

    Le CAC a fait plusieurs suggestions \u00e0 la CVMO afin d’am\u00e9liorer le cadre propos\u00e9 pour le recouvrement et la distribution :<\/p>\n\n\n\n

      \n
    • Envisager de jouer un r\u00f4le plus important dans les distributions afin d’\u00e9conomiser les co\u00fbts administratifs des tiers.<\/li>\n\n\n\n
    • Consulter des organisations telles que l’Ombudsman des services bancaires et d’investissement (OSBI) pour obtenir une expertise en mati\u00e8re de r\u00e8glement des sinistres.<\/li>\n\n\n\n
    • publier un avis motiv\u00e9 si la CVMO d\u00e9cide de ne pas distribuer les fonds pour des raisons de co\u00fbt<\/li>\n\n\n\n
    • Fixer un seuil \u00e9lev\u00e9 pour la d\u00e9cision de ne pas distribuer les fonds.<\/li>\n<\/ul>\n\n\n\n

      En ce qui concerne la notification aux investisseurs l\u00e9s\u00e9s, le CAC conseille \u00e0 la CVMO :<\/p>\n\n\n\n

        \n
      • aille au-del\u00e0 des affichages sur le site web pour notifier directement les demandeurs potentiels<\/li>\n\n\n\n
      • de mettre en \u0153uvre une obligation de remise d’avis lorsque les informations sur les investisseurs sont disponibles<\/li>\n\n\n\n
      • de renforcer la sensibilisation par le biais de cliniques de protection des investisseurs et d’initiatives de sensibilisation.<\/li>\n<\/ul>\n\n\n\n

        <\/p>\n","protected":false},"excerpt":{"rendered":"

        T\u00e9l\u00e9charger le PDF : OSC – Proposed process for distributing disgorged funds to harmed investors R\u00e9sum\u00e9 de la lettre : La Commission des valeurs mobili\u00e8res de l’Ontario (CVMO) a publi\u00e9 pour commentaires une proposition de r\u00e8gle qui \u00e9tablirait une nouvelle proc\u00e9dure de restitution de l’argent aux investisseurs l\u00e9s\u00e9s. Le processus propos\u00e9 s’appliquerait lorsque le d\u00e9gorgement […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[110],"tags":[],"class_list":["post-3765","post","type-post","status-publish","format-standard","hentry","category-osc-fr"],"acf":[],"featured_image_src":null,"author_info":{"display_name":"clloyd@cfacanada.org","author_link":"https:\/\/cfacanada.org\/fr\/author\/clloydcfacanada-org\/"},"yoast_head":"\nOSC - Proposed Process for Distributing Disgorged Funds to Harmed Investors - CFA Societies Canada<\/title>\n<meta name=\"description\" content=\"The council is generally supportive of an electronically enabled access equals delivery (AED) model that can benefit investors and issuers by providing more timely disclosure over paper delivery and reducing costs related to printing and mailing documents. 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