About the Ontario Securities Commission (OSC)

The Ontario Securities Commission (OSC) was established by the Securities Act (Ontario) and the Commodity Futures Act (Ontario). It is a self-funded Crown corporation, accountable to the Ontario Legislature through the Minister of Finance. The OSC's mandate is to provide protection to investors from unfair, improper and fraudulent practices, and to foster fair and efficient capital markets and confidence in capital markets. (Access the digital archives on Notices and News Releases as well as Speeches and Events dating back to 2005.)

About the Canadian Securities Administrators (CSA)

The Canadian Securities Administrators (CSA) is a voluntary umbrella organization of Canada’s provincial and territorial securities regulators whose objective is to improve, coordinate and harmonize regulation of the Canadian capital markets. It aims to achieve consensus on policy decisions which affect our capital market and its participants. It also aims to work collaboratively in the delivery of regulatory programs across Canada, such as the review of continuous disclosure and prospectus filings. (Read the Introduction to CSA and access the What’s New digital archives dating back to 2001.)

International Convergence of Accounting Standards—A Brief History

International convergence of accounting standards is not a new idea. The concept of convergence first arose in the late 1950s in response to post World War II economic integration and related increases in cross-border capital flows. Initial efforts focused on harmonization—reducing differences among the accounting principles used in the world’s major capital markets. By the 1990s, the idea of harmonizing accounting standards was replaced by the concept of convergence—the development of a single set of high-quality, international accounting standards that would be used in at least all major capital markets. (Refer to the FASB website for a chronology of some of the key events in the evolution of the international convergence of accounting standards.)

SEC Historical Society virtual museum

The SEC Historical Society's virtual museum and archive is an open door to the history of the regulation of the capital market system from the 20th century to the present. Its collection is built and exhibited independent of any oversight from the U.S. Securities and Exchange Commission (SEC). Founded in 1999, the SEC Historical Society is a non-profit organization and receives no funding from the public sector. Read the Society's most recent Annual Report.



The museum and archive's comprehensive collection includes:

• Timeline: Linking regulatory developments against U.S. and world events from 1930 to the present.
• Galleries: A unique search function within the museum, providing an alternate way to access all museum material on a particular subject. Current Galleries look at insider trading, international financial regulation and eras in SEC history.
• Papers: Letters, speeches, memos, telegrams and reports, many not accessible through other online sources.
• Photos: Historic and current images of people significant to financial regulation.
• Oral Histories: Remembrances, available in audio, MP3 and edited transcript formats, from people who helped create and continue to shape the financial regulatory system.
• Programs: A variety of original programs - including Fireside Chats, the Society's Annual Meeting, The Best of NERA, etc. - offering historic perspective on current regulatory issues. Broadcast live on www.sechistorical.org, and preserved in audio, MP3 and edited transcript formats.

A digital review of the history of the International Accounting Standards Committee (IASC)

The website of the International Accounting Standards Board (IASB) provides an overview of its predecessor, the International Accounting Standards Committee (IASC) which operated from 1973 until 2001. It states that the IASC was founded in June 1973 as a result of an agreement by accountancy bodies in Australia, Canada, France, Germany, Japan, Mexico, the Netherlands, the United Kingdom and Ireland, and the United States. The overview information has been supplemented for events between June 1998 and December 2005.

Other digital sources include Deloitte IAS Plus which presents the International Accounting Standards Committee History – 1973 to March 2001. It also presents a Chronology setting out the pre-1973 Events Leading to Formation of IASC and continuing to 2010. Additional background information on the IASC is available at Wikipedia and in the 2007 publication Financial Reporting and Global Capital Markets. A History of the IASC 1973-2000 by Camfferman and Zeff. Excerpts from this publication can be read online at Google Books.