Ontario Securities Commission Congratulates Investor Education Fund on National Award for Leadership in the Public Sector

For Immediate Release OSC

TORONTO – The Ontario Securities Commission (OSC) congratulates the Investor Education Fund (IEF) on winning the gold medal in the Not-for-Profit Category at the 2010 Institute of Public Administration of Canada/Deloitte Public Sector Leadership Awards.

“The IEF has been transforming the design and delivery of financial information to reach those who need it the most and to meet the changing financial needs of people throughout their lives,” says Howard Wetston, Q.C., Chair of the OSC. “This prestigious award recognizes the IEF’s leadership and vision in developing content, expanding online delivery and leveraging innovative partnerships to reach different demographic groups based on their specific financial learning needs, preferences and behaviours.”

The IEF was established in 2001 by the OSC to develop and promote independent financial information, programs and tools to help consumers make better financial and investing decisions. The IEF is a non-profit organization funded by settlements and fines from OSC enforcement proceedings. The OSC supports the work of the IEF in providing and expanding outreach initiatives to investors, and strengthening the financial literacy of Ontarians.

“Our support for the IEF and the new OSC Investor Advisory Panel are two examples of how the OSC is elevating the importance of investor protection in everything it does,” said Mr. Wetston. “Investor protection is central to the OSC’s mandate and has become even more important at a time when investors have greater concerns for protection.”

The OSC administers and enforces securities legislation in the province of Ontario. The OSC’s statutory mandate is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in capital markets.

 

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