Niocorp Developments Ltd (NB)

[Nebraskan]

IMO, Besides having to honor NDA’s, NioCorp must comply with the rules of the OSC (Ontario Securities Commission). If NioCorp puts information out for the general public that information comes under scrutiny of the OSC. It is better to left things “unsaid” than to rock the boat unnecessarily. This is more of a concern than NDA’s, And, IMHO, this is a big reason we don’t get more information than Mark Smith or Jim Sims deem necessary. They will let us know information, WHEN they can let us know information.

As a regulatory body, the OSC administers and enforces compliance with the provisions of the Securities Act (Ontario) and the Commodity Futures Act (Ontario). Specifically, we work to protect investors, foster fair and efficient markets, and contribute to the stability of the financial system by making and monitoring compliance with rules governing the securities industry in Ontario.

Making rules

The OSC makes rules that aim to prevent misconduct and maintain the integrity of the markets. Rule and policy development is a public process – we publish proposed rules for public comment on our website and in the OSC Bulletin.
As part of policy development, we consult with investors, industry representatives and other groups. Consultations are conducted in various ways, including external conferences, roundtables, and formal and informal committees. We have established several advisory committees, including an Investor Advisory Panel, to help us gather input on a variety of issues. We also work with our domestic and global partners to reduce systemic risk and promote financial stability, at home and internationally.

Check out this link….. http://www.osc.gov.on.ca/en/About_our-role_index.htm