Notice of Ministerial Approval of Memorandum of Understanding Concerning Consultation, Cooperation and the Exchange of Information Related to the Supervision of Cross-Border Regulated Entities

Notice of Ministerial Approval of Memorandum of Understanding
Concerning Consultation, Cooperation and the Exchange of Information
Related to the Supervision of Cross-Border Regulated Entities

On August 11, 2010, the Minister of Finance approved, pursuant to section 143.10 of the Securities Act (Ontario), the Memorandum of Understanding concerning regulatory cooperation related to the supervision of regulated entities between the Ontario Securities Commission, Authorité des marchés financiers du Québec, and the Securities and Exchange Commission (Supervisory MOU). The Supervisory MOU is intended to facilitate regulatory cooperation with the Securities and Exchange Commission in connection with the day-to-day supervision and oversight of regulated entities that operate across our respective borders.

The Supervisory MOU came into effect in Ontario on August 11, 2010. The Supervisory MOU signed by the Ontario Securities Commission, Authorité des marchés financiers du Québec, and the Securities and Exchange Commission was published in the Bulletin on June 18, 2010. (See (2010) 33 OSCB 5457.)

Questions may be referred to:

Jean-Paul Bureaud
Assistant Manager
Office of Domestic and International Affairs
Tel: 416-593-8131
E-mail: [email protected]

August 20, 2010