Chief Executive Officer and Ontario Securities Commission

IN THE MATTER OF THE COMMODITY FUTURES ACT, R.S.O. 1990, CHAPTER C. 20, AS AMENDED (the "Act") AND IN THE MATTER OF THE DESIGNATION BY THE CHIEF EXECUTIVE OFFICER OF POSITIONS FOR THE PURPOSES OF THE DEFINITION OF DIRECTOR IN THE ACT AND IN THE MATTER OF THE DELEGATION OF CERTAIN POWERS AND DUTIES OF THE ONTARIO SECURITIES COMMISSION (the "Commission")

Chief Executive Officer's Designation and Determination

WHEREAS:

1. Effective September 20, 2022, the Commission issued a delegation (the 2022 Delegation) pursuant to subsection 2.3(1) of the Act, delegating certain of its powers and duties under the Act to each "Director" as that term is defined in subsection 1(1) of the Act, acting individually.
2. Under subsection 1(1) of the Act, "Director" means the Chief Executive Officer of the Commission, the Executive Director of the Commission, a Director or Deputy Director of the Commission, or a person employed by the Commission in a position designated by the Chief Executive Officer.
3. The 2022 Delegation provides that the Chief Executive Officer of the Commission shall from time to time determine which one or more other Directors, in each case acting alone, should, as an administrative matter, exercise each of the powers or perform each of the duties delegated by the Commission in paragraph 2 of the 2022 Delegation, each of which powers may also be exercised and performed by the Chief Executive Officer, acting alone.

NOW THEREFORE, the Chief Executive Officer:

1. designates each of the following positions, whether or not in an acting capacity, for the purposes of the definition of "Director" contained in subsection 1(1) of the Act:
   1. each Manager in the Corporate Finance Division of the Commission,
   2. each Manager and Registration Supervisor in the Registration, Inspections and Examinations Division of the Commission,
   3. each Manager in the Trading and Markets Division of the Commission,
   4. each Manager and Head in the Enforcement Division of the Commission,
   5. each Manager in the Investment Management Division of the Commission,
   6. each Manager in the Commission’s Office of Economic Growth and Innovation;
   7. the Head of Sustainable Finance, the Special Advisor, CRR and the Special Advisor, Economic Growth and Innovation of the Commission;
   8. the Chief Accountant and the Associate Chief Accountant of the Commission, and
   9. each Executive Vice President, Senior Vice President and Vice President of the Commission; and
2. determines that, in addition to the Chief Executive Officer acting alone, each Director may exercise the powers and perform the duties delegated by the Commission to Directors in the 2022 Delegation and any successor delegation in effect from time to time, until otherwise determined by the Chief Executive Officer.

 DATED at Toronto this 1st day of April, 2024.