TORONTO, April 3, 2014 /CNW/ - The Ontario Securities Commission (OSC) announced today the beginning of the comment period for the 2014-2015 draft Statement of Priorities. The Statement of Priorities sets out the specific priority areas the OSC will focus on for this fiscal year to fulfil its mandate of providing protection to investors and fostering fair and efficient capital markets. The Statement of Priorities highlights the actions the OSC will take to address these priorities and the measures it will apply to be accountable to deliver on them.
"Consultation is critical to our success as a regulator and this draft Statement of Priorities is our cornerstone accountability document, which sets out where we will focus in the next 12 months," said Howard Wetston, Q.C., Chair and CEO of the OSC. "We encourage feedback from stakeholders as we believe an open dialogue is vital to responsive and effective regulation, and the success and security of our markets."
The OSC is seeking input on twelve specific initiatives that will be pursued in support of our five organizational goals of investor protection, enforcement, responsive regulation, promoting financial stability and operating as an efficient, accountable organization. Comments will be considered by the Commission in finalizing the Statement of Priorities.
The comment period runs until June 1, 2014, and the draft 2014-2015 Statement of Priorities is available on the OSC's website: www.osc.gov.on.ca.
SOURCE: Ontario Securities Commission
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