Can policy-makers lighten regulation and still protect investors?
Regulators need to introduce systemic changes that will control the growth of regulation, improve regulatory efficiency and reduce the regulatory burden
The regulator will look to scrap outdated rules, streamline disclosure requirements and make operational changes to enhance or speed up its dealings with the industry
Creation of internal group reflects shift in approach toward securities regulation by OSC and the provincial government
Regulators will propose eliminating redundant disclosure and making greater use of online technology to communicate with investors
The policy projects stem from a consultation carried out by the CSA last year
Although firms have long asked for more streamlined rules, there are some requirements many would like to retain
Deadline pushed back until July 28
New proposal explores allowing companies to report semi-annually rather than quarterly, and expanding their ability to distribute documents online
Interconnected global markets and the aftermath of the financial crisis make the current regulatory environment necessary, OSC chief says