An interesting article in today's National Post about new OSC Chairman Howard Wetston. It points out that he is a lawyer whereas his predecessor was "a Bay Street banker whose term included the financial crisis." Wetston intends to "pursue policy aimed at controlling excessive risk-taking" which could make financial institutions "uncomfortable." He also said he would seek jail time for the most serious market manipulation cases, including insider trading. He wants to demonstrate to the public that the OSC is looking out for their interests.

No doubt we all wish him luck.