Surface-functionalized cationic poly(methylstyrene) (PMS) latex particles containing aldehyde and carboxylic acid groups were successfully achieved via an emulsion polymerization of 3(4)-methylstyrene in the presence of cetyltrimethylammonium bromide, followed by an in-situ oxidation catalyzed by copper chloride and tert-butyl hydroperoxide (t-BuOOH). Factors such as the type of metal catalyst, oxidant, and their concentration strongly affected the rate of oxidation. Step addition of t-BuOOH resulted in both a higher degree of oxidation and a more uniform distribution of particle size of the functionalized PMS as compared to the batch addition method. The effect of organic solvent was found to be insignificant, and the oxidation could still proceed in its absence. The particle sizes increased significantly during the oxidation but could be controlled by using crosslinked PMS latexes. Finally, the versatility of this oxidation process was demonstrated by oxidation of the polymer with a solid loading as high as 28%.