OSC - Ontario Securities Commission

The Ontario Securities Commission administers and enforces securities legislation in the Province of Ontario. The mandate of the OSC is to:

• Protect investors from unfair, improper and fraudulent practices.
• Foster fair and efficient capital markets.
• Maintain public and investor confidence in the integrity of those markets.

MFDA - Mutual Fund Dealers Association

The Mutual Fund Dealers Association of Canada is a not-for-profit federal corporation incorporated in June of 1998.

The MFDA is the mutual fund industry's self-regulatory organization ("SRO") for the distribution side of the industry. The MFDA is responsible for regulating all sales of mutual funds by it's members in Canada. FundEx Investments Inc. is a member of the MFDA. The MFDA does not regulate the funds or fund manufacturers. This responsibility has remained with the securities commissions.

CSA - Canadian Securities Administrators

The Canadian Securities Administrators (CSA) is a forum for the 13 securities regulators of Canada's provinces and territories to coordinate and harmonize regulation of the Canadian capital markets. It's mission is to give Canada a securities regulatory system that protects investors from unfair, improper or fraudulent practices and fosters fair, efficient and vibrant capital markets, through developing the Canadian Securities Regulatory System (CSRS), a national system of harmonized securities regulation, policy and practice.

Nova Scotia Securities Commission

The Nova Scotia Securities Commission is working to create and maintain a regulatory environment that is conducive to investor confidence in the integrity of securities markets. Since their establishment in 1987 they have recognized the importance of making themelves and relevant information about their work available to the public. Conversely, the information they receive from the public is vital to the success of their mission of investor protection and market efficiency.

The regulatory context in Canada requires close co-operation and co-ordination with their counterparts across the country: factors that become increasingly important with the rapid pace of change in communication technologies. These technologies transcend political and geographical boundaries and have created what is, in essence, a global market for securities requiring international co-operation and co-ordination by securities regulatory authorities.