The Ontario Securities Commission (OSC) is a

regulatory agency A regulatory agency (regulatory body, regulator) or independent agency (independent regulatory agency) is a government authority that is responsible for exercising autonomous dominion over some area of human activity in a licensing and regulat ...

which administers and enforces

securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any fo ...

legislation Legislation is the process or result of enrolling, enacting, or promulgating laws by a legislature, parliament, or analogous governing body. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to ...

in the

Canadian province Within the geographical areas of Canada, the ten provinces and three territories are sub-national administrative divisions under the jurisdiction of the Canadian Constitution. In the 1867 Canadian Confederation, three provinces of British Nort ...

Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...

. 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. OSC Mandate: * Protect

investor An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital most of the time the investor purchases some specie ...

s from unfair, improper and

fraud In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compen ...

ulent practices * Foster fair and efficient capital markets * Maintain

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichk ...

and

confidence Confidence is a state of being clear-headed either that a hypothesis or prediction is correct or that a chosen course of action is the best or most effective. Confidence comes from a Latin word 'fidere' which means "to trust"; therefore, having ...

in the integrity of those markets 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

External links

Ontario Securities Commission website

''SEDAR- Provides access to public fillings of Canadian Securities Issuers''
{{ONGovDept Crown corporations of Ontario Financial regulatory authorities of Canada Ontario government departments and agencies Ontario government tribunals Securities and exchange commissions Government agencies established in 1932 1932 establishments in Ontario

See also

References

External links