Approach to Loss Calculation - Illiquid Exempt Market Securities (2024)

OBSI is seeking input from stakeholders and the public in relation to our approach to calculating investor losses in cases involving unsuitable sales of illiquid exempt market securities. We seek input from our stakeholders and other interested parties on the processes we currently use to help us determine whether there are better alternative approaches we should adopt in such cases.

Below please find all available documents relating to this review.

September 26, 2024

OBSI consultation on loss calculation for complaints involving unsuitably sold illiquid exempt market securities – request for public comment

OBSI consultation on loss calculation for complaints involving unsuitably sold illiquid exempt market securities (PDF)

October 3 - November 21, 2024

Submissions

November 21, 2024

Approach to Loss Calculation - Illiquid Exempt Market Securities (2024): Public consultation closed

August 13, 2025

OBSI's response to consultation on loss calculation (PDF)

Consultation on loss calculation for involving unsuitably sold illiquid exempt market securities – OBSI response to comments received