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The Ontario Securities Commission has approved a new case management practice guideline, which will come into effect on Feb. 1, 2015.

The guideline, which provides a case management timeline for enforcement proceedings, will apply to all enforcement proceedings including those commenced by a notice of hearing before the effective date.

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In a media release, the OSC says that the guideline “reflects the Commission’s continued efforts to enhance the early identification and resolution of preliminary matters to ensure that adjudicative proceedings can be brought on for final resolution more rapidly and more cost effectively”.