Ontario Appoints Kevan Cowan because the New Chair of the OSC
OSC | Nov 30, 2022
Picture: Linkedin
TORONTO — As we speak, Ontario’s Minister of Finance Peter Bethlenfalvy launched the next assertion on the appointment of a brand new Chair for the Ontario Securities Fee (OSC). “I’m happy to announce that Kevan Cowan can be appointed the brand new Chair of the Ontario Securities Fee, pending assessment by the Standing Committee on Authorities Businesses.
- Mr. Cowan has been a worthwhile member of the Board of Administrators for the OSC and was key in offering suggestions to our authorities on capital markets as a member of the Ontario Capital Markets Modernization Taskforce Professional Advisory Group.
- With over 30 years of expertise within the capital markets business, Mr. Cowan will play a crucial function in supporting our authorities’s imaginative and prescient to make the OSC a 21st century capital markets regulator.
See: Ultimate Report: Ontario Capital Markets Modernization Committee Suggestions
- To maneuver our imaginative and prescient ahead, our authorities is implementing most of the suggestions made by the Capital Markets Modernization Taskforce.
- We’ve got expanded the mandate of the OSC to incorporate capital formation and competitors in capital markets.
- We additionally separated the mixed OSC Chair and Chief Govt Officer place into two distinct positions and established a brand new Capital Markets Tribunal throughout the OSC.
- Our authorities is shifting forward with modernizing how public corporations talk with buyers and the markets to scale back regulatory burden and help digitization of the economic system.
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