Ontario Securities Commission names former Ontario auditor Bonnie Lysyk as head of enforcement

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Ontario Securities Commission names former Ontario auditor Bonnie Lysyk as head of enforcement
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Ms. Lysyk, who was Ontario’s auditor-general for a decade, joins the OSC at a challenging time for Canadian securities enforcement

Bonnie Lysyk, former auditor-general of Ontario , started with the Ontario Securities Commission on Monday as executive vice-president of enforcement. She replaces Jeff Kehoe, whoMs. Lysyk joins the OSC at a challenging time for Canadian securities enforcement. In July, the Supreme Court of Canada ruled thatlevied by market regulators by going through the bankruptcy process. That decision removed a key enforcement tool from regulators’ arsenal, experts said at the time.

on issues ranging from homelessness to autism programs to hydro prices, though her tenure was bookended by two bombshell investigations. Last year, just one month before the end of her term, Ms. Lysyk found the decision of Progressive Conservative Premier Doug Ford’s government to carve out land from the protected Greenbelt was heavily influenced by a small group of real estate developers who stood to personally benefit.

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