SEC issues Draft Strategic Plan. The Securities and Exchange Commission published for public comment a Draft Strategic Plan, outlining its strategic goals for fiscal years 2014 to 2018. The plan was prepared in accordance with the Government Performance and Results Modernization Act of 2010, which requires federal agencies to outline their missions, planned initiatives, and performance goals for a five-year period. The plan examines forces shaping the regulatory environment and outlines more than 70 initiatives that the SEC has designed to support its primary strategic goals. Comments should be submitted by March 10, 2014. (2/14/2014). SEC Press Release.
OSC summary report for investment fund issuers. The Ontario Securities Commission issued its fourth annual Summary Report for Investment Fund Issuers, which provides an overview of the key activities and initiatives of the OSC for 2013 that impact investment fund issuers and the fund industry. (2/13/2014) OSC press release.
OSC guidance for small mining issuers. The Ontario Securities Commission published OSC Staff Notice 51-722 “Report on a Review of Mining Industry Issuers MD&A and Guidance,” which provides guidance to assist small mining issuers in complying with the Management’s Discussion and Analysis requirements in National Instrument 51-102 “Continuous Disclosure Obligations.” (2/6/2014) OSC press release.