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ARTICLE · 29 NOVEMBER 2019

OSC Publishes Ambitious Plan To Reduce Capital Markets Regulatory Burden

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The OSC has published an ambitious plan to reform Ontario's securities regulatory regime. The potential reforms, announced on November 19 in the report "Reducing Regulatory Burden in Ontario's...

CanadaFinance and Banking
Rima Ramchandani
Rima Ramchandani
David Seville
David Seville
Robbie Leibel
Robbie Leibel
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The OSC has published an ambitious plan to reform Ontario's securities regulatory regime. The potential reforms, announced on November 19 in the report "Reducing Regulatory Burden in Ontario's Capital Markets", could affect nearly every market participant operating in Ontario's capital markets—companies, investment funds, dealers and other registered firms, derivatives participants and others.

What you need to know

  • The OSC's objective is to implement or take significant steps towards implementing many of the reforms within the next 24 months.
  • The list of possible reforms is highly diverse—ranging from updating the OSC website to tackling fundamental issues like whether securities regulation should be more principles-based.

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