Vladimir Putin

Wright, Robert J.

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A conflict in expectations: growing concerns about the cost of regulation and increasing demands for more and more service by the various existing branches of the Commission and increasing public expectations for new initiatives by agences such as the Ontario Securities Commission. A consideration of the increasing public expectations of more and better services from regulators. A review of the needs of the various constituencies of the OSC: the issuers who use Ontario's capital market; co-regulators, both nationally and internationally; minority shareholders; investment dealers; registrants. The increasingly complex administrative environment in which the OSC operates. Some examples of how this leads to the need "to be creative in making and explaining difficult choices." A policy initiative published for comment and how that helps decision-making. Concerns relating to the cost of regulation and some remarks about regulation. The role of governments in putting institutions such as the OSC in a position where they can do their jobs effectively: some requirements. Dialogue with those the OSC regulates. The mandate of the OSC. Approach to regulation. The financial statement review program and the methodology used to implement it. An initiative policy respecting Management Discussion and Analysis. Meeting the challenges of performing the mandate in a fast-changing environment.

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