Securities regulators have a crucial role to play in ensuring public confidence in the integrity and efficiency of our capital markets.
This role can be easily compromised by undue political interference or influence. Hence the long-standing focus on ensuring that securities regulators maintain their capacity to act independently, and are so perceived.
While such independence cannot come at the price of robust accountability and engagement, it should not be eroded by the appearance of inappropriate partisan appointments.Edward Waitzer is a lawyer, chair emeritus at Osgoode Hall Law School and former OSC chair.
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