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Monica Kowal takes on vice-chair role at Ontario Securities Commission

Monica Kowal, general counsel at the Ontario Securities Commission since 2004, has been appointed vice-chair of the regulator.

She replaces Mary Condon, who will remain a part-time OSC commissioner but has returned to a previous position at Osgoode Hall Law School. 168 more words

FP Street

OSC investor panel demands binding client compensation

As the list grows of investment dealers rejecting compensation awards recommended for their clients by Canada’s independent banking ombudsman, an investor advisory panel is calling on the Ontario Securities Commission to step in and make the compensation binding. 311 more words

FP Street

Cloudy poison pill landscape hasn't slowed hostile bids

Poison pills can be an impediment when considering a hostile bid for a company, but things are particularly complicated in Canada right now as Quebec and the rest of the country consider two opposing ways to handle an unsolicited takeover. 695 more words

Investing

Ontario Securities Commission may get teeth, but it needs bite

Canada’s largest securities regulator is attempting to rehabilitate its long-standing image as a toothless tiger by adding new potent weapons to its arsenal of powers it hopes will result in successful prosecutions of market miscreants. 673 more words

FP Street

Ontario Securities Commission enforcement leads to tripling of jail time

When it came to enforcing the rules, Canada’s largest capital markets watchdog was busier last year and put more people in jail for longer.

Action taken by the Ontario Securities Commission resulted in four defendants receiving jail sentences totaling 63 months. 131 more words

FP Street