The Ontario Securities Commission (OSC) issued a decision under the Commodity Futures Act, R.S.O. 1990, Chapter C. 20, as amended. Effective September 20, 2022, the OSC delegated certain powers and duties to each “Director” as defined in subsection 1(1) of the Act. The term “Director” includes the Chief Executive Officer (CEO), Executive Director, Directors, Deputy Directors, and other designated positions within the Commission.
The CEO has the authority to designate which positions can exercise these delegated powers. The CEO has designated various managerial and supervisory positions across multiple divisions of the Commission, including Corporate Finance, Registration, Inspections and Examinations, Trading and Markets, Enforcement, Investment Management, and the Office of Economic Growth and Innovation. Additionally, roles such as the Head of Sustainable Finance, Special Advisors, Chief Accountant, and Associate Chief Accountant are included.
This designation allows these individuals, along with the CEO, to exercise the delegated powers and perform the duties as specified in the 2022 Delegation and any future delegations, unless otherwise determined by the CEO. This decision was formalized on April 1, 2024.