Email Blast – Registration, Inspection and Examinations Division 2025 Annual Report

July 24, 2025

Today, the Ontario Securities Commission (OSC) published OSC Staff Notice 33-759 Registration, Inspections and Examinations Division 2025 Annual Report. The 2025 annual report describes the work conducted by the OSC’s Registration, Inspections and Examinations Division during the 2024-2025 fiscal year and discusses important matters impacting registration, outcomes from compliance reviews and other ongoing initiatives impacting market participants.

The information provided in the 2025 annual report is meant to assist market participants operating in Ontario with meeting their ongoing regulatory requirements. Firms are encouraged to use this report as a self-assessment tool to strengthen their systems of compliance, internal controls and supervision. While this report focuses primarily on registered firms and individuals directly overseen by the OSC, firms directly overseen by CIRO and other market participants are encouraged to review the Annual Report for information and guidance that may also be relevant to them.

This report was also published in the OSC Bulletin today. Any questions regarding the report can be addressed to:

Lisa Piebalgs
Senior Accountant
Registration, Inspections and Examinations
(416) 593-8147
[email protected]

Susan Pawelek
Senior Accountant
Registration, Inspections and Examinations
(416) 593-3680
[email protected]


Thank you,

Matthew Onyeaju
Senior Vice President
Registration, Inspections and Examinations