The Ontario Securities Commission today confirmed that it has an investigation underway into matters relating to Hollinger Inc. and related companies.

The investigation, underway for some time now, is primarily focused on the companies for which the OSC has lead jurisdiction. In a statement, the OSC said it is sharing information on a regular and on-going basis with U.S. regulators investigating Hollinger companies over which they have lead jurisdiction.

The OSC said it has gathered a substantial amount of information from a variety of sources, and is interviewing people related to the matter.

The OSC added that it will issue more information about the investigation when there are developments to report.

The OSC does not usually disclose ongoing investigations, reports say the regulator took the unusual step of revealing the probe because of mounting pressure to show it is acting.