The OSC’s priorities for 2021-2022 include promoting confidence in Ontario’s capital markets, reducing regulatory burden, facilitating financial innovation and strengthening the OSC’s organizational foundation. In our submission, we encouraged the OSC to work with the CSA to develop clear and useful guidance for interpreting and applying the Client Focused Reforms (CFRs). We also encouraged the OSC to work with FSRA to explore opportunities to reduce the risk of regulatory arbitrage between mutual funds and segregated funds. We introduced the Technology Task Force as a potential resource for the OSC’s Office of Economic Growth and Innovation and expressed our willingness to assist the OSC with initiatives focused on improving the investor experience.