(1) The following are specified as purposes for which the Commission may allocate money under subsection 19 (2) of the Act:
For use by the Commission to enhance its capabilities in information technology, data acquisition and data analytics in order to address regulatory matters relating to investor protection, the reduction of systemic risk or the integrity of the capital markets. For example, the enhancements may consist of the development, purchase, installation or deployment of software or hardware or the implementation of special projects relating to data integration, risk modelling or cyber security.
For use by the Commission to fund activities of the Commission’s Office of Economic Growth and Innovation that are aimed at fostering innovation, capital formation and competition in Ontario’s capital markets.
Ongoing operating costs of the Commission are not included in the purpose set out in paragraph 1 of subsection (1).
The Commission shall include, in its annual financial statements prepared under section 21 of the Act, information respecting the allocation and expenditure of money under clauses 19 (2) (a) to (d) of the Act.
Omitted (provides for coming into force of provisions of this Regulation).