The Ontario Securities Commission (OSC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Ontario. The OSC is an Ontario Crown corporation which reports to the Ontario legislature through the Minister of Finance.
OSC Mandate:
- 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
The OSC administers the Ontario Securities Act and the Commodity Futures Act.
The OSC, with over 300 employees, is the largest securities regulator in Canada, and has the Toronto Stock Exchange within its jurisdiction.
Famous quotes containing the word commission:
“Yesterday the Electoral Commission decided not to go behind the papers filed with the Vice-President in the case of Florida.... I read the arguments in the Congressional Record and can’t see how lawyers can differ on the question. But the decision is by a strictly party vote—eight Republicans against seven Democrats! It shows the strength of party ties.”
—Rutherford Birchard Hayes (1822–1893)