Ontario seeking input on modernizing capital markets
Jul 09, 2020
On July 9, 2020, the Ontario government announced that it is continuing to seek advice and input from people and organizations on modernizing Ontario's Capital Markets and supporting economic growth and job creation with the posting of the Capital Markets Modernization Taskforce initial consultation report.
Over the last few months, the Taskforce listened to over 110 stakeholders about the challenges they face, including financial institutions, small and large publicly-listed companies, independent investment dealers, industry associations, law firms and investor advocacy groups. The Capital Markets Modernization Taskforce consultation report outlines their findings and more than 47 policy proposals to modernize the province's capital markets.
The Capital Markets Modernization Taskforce will provide recommendations to the Minister of Finance on how to transform the regulatory landscape for capital markets. Following this consultation, a final report will be submitted to the Minister before the end of the year. The consultation will end on September 7, 2020.
Review the press release on the Ontario government's website.