The OSC has announced a new initiative to reduce regulatory
burdens for public companies, registrants and other market
participants. Coordinating with the Ministry of Finance, and in
support of the Ontario Government's Open for Business Action
Plan, the OSC has established a Burden Reduction Task
Force1 with a mandate to consider and act on any
suggestions to eliminate unnecessary rules and procedures while
still protecting investors and the integrity of Ontario's
capital markets.
Public companies, investment banks, investors and other market
participants are invited to submit their suggestions to the OSC by
March 1, either by e-mail at [email protected] or by using the
Burden Reduction Survey.2 On March 27, the OSC is
hosting a related roundtable discussion. Any market participant
interested in participating in the roundtable should submit a
comment letter to the OSC and indicate a desire to participate.
