There is a way to protect unsophisticated Canadian investors who involve themselves in “crowdfunding” projects. You simply need standardized, easy-to-understand regulations.
That’s the argument from Toronto-based MaRS Discovery District innovation hub, which works with Canadian startups to help them grow. It’s sending that message to the Ontario Securities Commission, answering a call for comment issued in mid-December after the OSC said it would consider letting small companies raise funds on the Internet.
