OSC Seeking Public Comment On Reducing Unnecessary Regulatory Burden

On January 14, 2019, the Ontario Securities Commission (OSC) announced a public consultation campaign aimed at identifying ways to reduce unnecessary regulatory burden in the province's securities rules.

In the announcement, the OSC identified several areas on which it plans to focus its efforts:

1. Operational/procedural changes that make market participants' day-to-day interaction with the OSC easier or less costly;
2. Changes that provide greater certainty to market participants regarding regulatory requirements or outcomes;
3. Eliminating, streamlining, or requiring less frequently certain forms or filings by market participants;
4. Changes to the OSC's system of providing information to market participants;