10:32:20 EDT Tue 30 May 2023
Enter Symbol
or Name

Login ID:
Mogo Inc
Symbol MOGO
Shares Issued 75,952,490
Close 2022-08-16 C$ 1.67
Recent Sedar Documents

FP/CP say Mogo hears Coinsquare making commitments

2022-08-16 08:00 ET - In the News

The Financial Post reports in its Tuesday, Aug. 16, edition that the Canadian Securities Administrators (CSA) said crypto trading platforms are now expected to make certain commitments that address investor protections while their registration applications are being reviewed. A Canadian Press dispatch to the Post reports that the umbrella organization of provincial securities regulators said Crypto.com and Coinsquare Capital Markets are the first to submit the preregistration undertakings. The CSA said provincial regulators are in discussion with other crypto trading platforms about following suit, and that regulators may take action if a crypto trading platform is not prepared to file an undertaking. The commitments cover a range of issues, including not offering advice to clients, not providing margin trading, and setting some limits on how much clients can trade. Mogo holds a 39-per-cent interest in Coinsquare. In June, the Ontario Securities Commission went after two crypto international trading platforms that failed to adhere to provincial securities law, securing a permanent market participation ban on one and reaching a settlement with the second.

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