It also has a mandate to foster fair and efficient capital markets. Assisting market participants in complying with regulatory requirements. Investigating and enforcing actions against serious infractions of securities law. Commission Members Commission members, including the Chair, are appointed by the provincial government. The Commissioners meet regularly to consider policy and management issues, as well as changes required to enhance the regulatory system.
Rules made by the OSC on the operation of the securities market have the force of law in Ontario.
The Commissioners have overall responsibility to administer the securities legislation and are the board of directors for the Commission, responsible for directing its management and operation. They also act as an administrative tribunal authorized to make a variety of decisions under securities legislation. The Commission encourages and supports self-regulation within the securities markets. Investigating complaints about possible wrong-doing. Enforcing and punishing offenders.