We support the effective administration of advisory and oversight committees that help the OSC advance its investor protection mandate.
We support the effective administration of advisory and oversight committees that help the OSC advance its investor protection mandate.
Policy Development and Regulatory Initiatives Leadership
We lead investor-focused policy projects with the aim of creating legislative or regulatory change that improves investor outcomes.
For example, with the other CSA jurisdictions, we developed a regulatory framework to enhance the protection of older and vulnerable clients. The framework recognizes that registrants can be uniquely positioned to notice signs of financial exploitation, vulnerability or diminished mental capacity, and provides them with tools to take action to protect clients in these circumstances.
The framework is a capstone feature of the OSC Seniors Strategy.
Thought Leadership: Seniors Strategy
The OSC’s vision is a stronger and more secure financial future for all Ontario seniors. As part of the OSC’s continued efforts to deliver strong investor protection and responsive regulation, we developed a strategy and action plan to respond to their needs and priorities.
Our Seniors Strategy includes a comprehensive plan of targeted policy, operational, research, educational and outreach initiatives to ensure that older Ontarians’ needs are appropriately met by the OSC and the investment industry.
Supporting us in our vision is the Seniors Expert Advisory Committee (SEAC), an advisory committee that we administer and chair. SEAC serves as a forum to discuss issues and challenges faced by seniors and provides OSC staff with expert opinions on securities-related policy, operational, education and outreach activities designed to meet the needs of older investors.
We drew heavily on the expertise and insights provided by SEAC in developing the Seniors Strategy.
SEAC members represent a variety of disciplines, including the financial industry, law, academia, health and seniors advocacy.
Oversight – Ombudsman for Banking Services and Investments
We play a lead role in overseeing the Ombudsman for Banking Services and Investments (OBSI) through, and by administering, the Joint Regulators Committee and we work on policy projects relating to OBSI as they arise.
OBSI works to resolve disputes between people and their investment firm and it helps people get compensation where warranted (up to $350,000).
Liaison: Investor Advisory Panel
The Investor Advisory Panel (IAP) brings investor perspectives to the OSC’s rule and policy making process, and advises the OSC on a range of matters, including policy issues and the effectiveness of the Commission’s investor protection initiatives. The IAP is independent from the OSC.
The Investor Office serves as secretary to the IAP and as a liaison between it and the OSC. The Investor Office also provides administrative and advisory support to IAP activities.
National and International Engagement
We contribute to initiatives involving other Canadian Securities Administrators and through the International Organization of Securities Commissions Committee on Retail Investors (C8).
In addition to conducting IOSCO’s policy work on retail investor education and financial literacy, C8 advises on emerging retail investor protection matters and conducts investor protection policy work.
Policy Development and Regulatory Initiatives Leadership
We lead investor-focused policy projects with the aim of creating legislative or regulatory change that improves investor outcomes.
For example, with the other CSA jurisdictions, we developed a regulatory framework to enhance the protection of older and vulnerable clients. The framework recognizes that registrants can be uniquely positioned to notice signs of financial exploitation, vulnerability or diminished mental capacity, and provides them with tools to take action to protect clients in these circumstances.
The framework is a capstone feature of the OSC Seniors Strategy.
Thought Leadership: Seniors Strategy
The OSC’s vision is a stronger and more secure financial future for all Ontario seniors. As part of the OSC’s continued efforts to deliver strong investor protection and responsive regulation, we developed a strategy and action plan to respond to their needs and priorities.
Our Seniors Strategy includes a comprehensive plan of targeted policy, operational, research, educational and outreach initiatives to ensure that older Ontarians’ needs are appropriately met by the OSC and the investment industry.
Supporting us in our vision is the Seniors Expert Advisory Committee (SEAC), an advisory committee that we administer and chair. SEAC serves as a forum to discuss issues and challenges faced by seniors and provides OSC staff with expert opinions on securities-related policy, operational, education and outreach activities designed to meet the needs of older investors.
We drew heavily on the expertise and insights provided by SEAC in developing the Seniors Strategy.
SEAC members represent a variety of disciplines, including the financial industry, law, academia, health and seniors advocacy.
Oversight – Ombudsman for Banking Services and Investments
We play a lead role in overseeing the Ombudsman for Banking Services and Investments (OBSI) through, and by administering, the Joint Regulators Committee and we work on policy projects relating to OBSI as they arise.
OBSI works to resolve disputes between people and their investment firm and it helps people get compensation where warranted (up to $350,000).
Liaison: Investor Advisory Panel
The Investor Advisory Panel (IAP) brings investor perspectives to the OSC’s rule and policy making process, and advises the OSC on a range of matters, including policy issues and the effectiveness of the Commission’s investor protection initiatives. The IAP is independent from the OSC.
The Investor Office serves as secretary to the IAP and as a liaison between it and the OSC. The Investor Office also provides administrative and advisory support to IAP activities.
National and International Engagement
We contribute to initiatives involving other Canadian Securities Administrators and through the International Organization of Securities Commissions Committee on Retail Investors (C8).
In addition to conducting IOSCO’s policy work on retail investor education and financial literacy, C8 advises on emerging retail investor protection matters and conducts investor protection policy work.
