TORONTO, June 18, 2015 /CNW/ - Today the Ontario Securities Commission (OSC) published its 2015-2017 OSC Strategic Outlook (Strategic Outlook). Also being published in final form today is the 2015-2016 OSC Statement of Priorities (Statement of Priorities).
"These documents outline the OSC's vision for meeting the challenges and seizing the opportunities that confront us over the next two years in Ontario's dynamic and evolving capital markets," said Howard Wetston, Q.C., Chair and CEO of the OSC.
The Strategic Outlook builds on the OSC's 2012-2015 Strategic Plan and reflects changes in the capital markets and in the domestic and global regulatory environment that have occurred since 2012. The document sets out how the OSC intends to achieve its organizational goals over the next two years, including providing strong investor protection, delivering responsive regulation and effective compliance and enforcement, promoting financial stability through effective oversight and being an innovative, accountable and efficient organization.
The Statement of Priorities sets out priority areas where the OSC intends to focus key resources and actions for the coming fiscal year, as well as the expected outcomes. The OSC received 17 comment letters on its draft Statement of Priorities, which were taken into consideration.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca
SOURCE Ontario Securities Commission
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