OSC and Competition Bureau pledge to co-operate

Date:

Howard Wetston’s past and present are colliding in new ways.

The chair of the Ontario Securities Commission has inked a new deal to co-operate on investigations with his former employer, the federal Competition Bureau, which he headed in the early 1990s.

While the two regulatory bodies have far different mandates, they say there are enough areas of mutual interest to work on fraud investigations, exchange “information and intelligence,” and undertake joint education initiatives.

“It allows us to share information and expertise and provides the opportunity to partner on joint fraud prevention initiatives,” Mr. Wetston said in a statement.

Read full article here.

Janet McFarland – Globe and Mail – November 26, 2014.

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