Ontario Securities Commission Provides Funding to the Canadian Foundation for the Advancement of Investor Rights (FAIR Canada)

TORONTO, July 3, 2012 /CNW/ - The Ontario Securities Commission (OSC) has allocated $1 million of money collected from monetary sanctions and settlements to FAIR Canada, a national non-profit organization dedicated to advancing investor interests.

"Constructive input from investors is encouraged in the development of regulatory policy," said Mary Condon, Vice-Chair of the OSC. "FAIR Canada plays an important role in advancing the interests of retail investors and promoting investor protection. The OSC is pleased to provide funding for FAIR Canada's ongoing work."

The money will assist in funding the operations of FAIR Canada and will be paid in two instalments of $500,000 over a two-year period.

The OSC administers and enforces securities legislation in the province of Ontario. The OSC's statutory mandate is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in capital markets.

SOURCE Ontario Securities Commission

For further information:

For Media Inquiries:
media_inquiries@osc.gov.on.ca

Carolyn Shaw-Rimmington
Manager, Public Affairs
416-593-2361

Dylan Rae
Media Relations Specialist
416-595-8934

Follow us on Twitter: OSC_News

For Investor Inquiries: 
OSC Contact Centre
416-593-8314
1-877-785-1555 (Toll Free)


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.