OSC’s John Mountain passes away

By Staff | June 18, 2018 | Last updated on June 18, 2018
1 min read

The director of the Investment Funds and Structured Products Branch at the Ontario Securities Commission, John Mountain, has died.

Maureen Jensen, OSC chair and CEO, issued the following statement:

“We extend our deepest condolences to the family and friends of John Mountain, who passed away this morning. John’s passion and leadership had a profound impact on the mutual fund industry in Canada. John’s policy contributions during his career will benefit investors and the mutual fund industry for years to come. He was an important part of our executive management team and the social fabric of the OSC.”

John was appointed to his branch director position on March 14, 2016.

“During his time at the OSC, John led a team that worked tirelessly on proposals to change the mutual fund fee structure in Canada and reduce the regulatory burden for investment fund issuers,” says an OSC release. “John’s interactions and leadership consistently demonstrated his personal values and the values of the OSC, gaining the respect and affection of his colleagues. We will miss him greatly.”

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The staff of Advisor.ca have been covering news for financial advisors since 1998.