OSC Publishes Initiatives Aimed At Protecting Seniors

On March 20, 2018, the Ontario Securities Commission (OSC) published its Seniors Strategy,¹ the purpose of which is to outline initiatives that the OSC is pursuing in relation to older individuals, recognizing that the financial lives of older Canadians have grown increasingly complex relative to previous generations.

This short article will outline the highlights of the Seniors Strategy. The Seniors Strategy outlines proposals only – the policy items discussed have not been approved or implemented at the time of publishing. The OSC's proposed strategy addresses several different topics, including:

• The financial exploitation of seniors;
• Marketing practices for market participants;