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Securities regulators, including the Ontario
Securities Commission (OSC), have been strongly vocal about the
need for good corporate governance. But good governance is also
important for securities regulators to ensure resources are
directed towards socially desirable objectives, and used
efficiently.
The focus of this study is a comparison of the OSC's governance
structure with that of regulators in other countries responsible
for securities regulation. The comparison countries are
Australia, the US, the UK, and Hong Kong. The intent of the
comparisons is to flush out best practices in governance for a
modern securities regulator that could possibly be adopted by the
OSC.
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