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Ontario Securities Commission

Canadian provincial securities regulatory agency


Summary

Canadian provincial securities regulatory agency

FieldValue
agency_nameOntario Securities Commission
logoOsc-logo-dark-en.svg
formed1932
agency_typeCrown agency
jurisdictionGovernment of Ontario
headquartersSuite 1903, 20 Queen Street West, Toronto, Ontario, Canada
employees500
chief1_nameD. Grant Vingoe
chief1_positionChair & CEO (since August 2015, reappointed June 2019)
websiteosc.gov.on.ca

The Ontario Securities Commission (OSC; French: Commission des valeurs mobilières de l’Ontario) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown agency which reports to the Ontario legislature through the Minister of Finance.

Canada does not have a national securities regulator, and each province and territory regulates its own capital markets; OSC regulates the capital markets in Ontario. Other notable provincial regulators include the Alberta Securities Commission, the Autorité des marchés financiers (Québec), and the British Columbia Securities Commission.

The OSC's mandate is to:

  • Protect investors from unfair, improper and fraudulent practices
  • Foster fair and efficient capital markets
  • Maintain public and investor confidence in the integrity of those markets
  • Contribute to the stability of the financial system and the reduction of systemic risk

The OSC administers the Ontario Securities Act and the Commodity Futures Act and with about 500 employees, is the largest securities regulator in Canada and has the Toronto Stock Exchange within its jurisdiction.

References

References

  1. "Ontario Securities Commission - Public Appointments Secretariat".
  2. "Members of the Commission".
  3. (31 March 2021). "Federal and provincial governments shutting down national securities regulator project, sources say". The Globe and Mail.
  4. (March 8, 2013). "Re: OSC Staff Consultation Paper 45-710". National Exempt Market Association.
Wikipedia Source

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