BMO Welcomes Agreement to Establish Cooperative Capital Markets Regulator
1. BMO Welcomes Agreement to Establish Cooperative Capital
Markets Regulator
TORONTO, ONTARIO--(Marketwired - Sept. 19, 2013) - BMO Financial Group today welcomed the
announcement that British Columbia, Ontario and Canada have agreed to establish a cooperative
capital markets regulatory system and invited all provinces and territories to participate in the
proposed system.
"Today's announcement is a positive step as it brings us closer to the objective of consistent, high-
quality market supervision within a regulatory structure that provides a better market for all
participants, while drawing upon the policy expertise and local market knowledge that exists in the
provinces," said Bill Downe, President and Chief Executive Officer, BMO Financial Group.