Bill Black, former president and CEO of Maritime Life, will chair the 15-member board
Report urges Ottawa to remove impediments to inter-provincial trade
The proposed legislation focuses on systemic risk, criminal enforcement and national data collection
Province requires its own “unique” regulator, finance minister says
Delays in launching the CCMR may boost costs for participants
There’s concern that the CCMR would give regulations new powers
But there are concerns about transition to the new regulator and the possible creation of fiduciary standard for advisors
Regulator aims to minimize the impact on market participants and their businesses
The OSC’s former chairman and CEO says the federal-provincial regulatory body would reduce the current fragmentation in regulation and allow a better sharing of resources across jurisdictions
Analysis