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:
“The Church seems to totter to its fall, almost all life extinct. On this occasion, any complaisance would be criminal which told you, whose hope and commission it is to preach the faith of Christ, that the faith of Christ is preached.”
—Ralph Waldo Emerson (1803–1882)