Ontario Securities Commission chair to retire

Wed Oct 28, 2015 6:25pm EDT
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(Reuters) - The chair of the Ontario Securities Commission, Howard Wetston, will retire when his term ends on Nov. 15, Canada's largest securities regulator said on Wednesday.

Wetston, who has been chairman of the OSC since 2010, will be replaced on interim basis by Vice-Chair Monica Kowal.

The regulator did not provide any detail on the process to find a permanent replacement.

Wetston's plan to retire was initially reported by the Wall Street Journal.

(Reporting by Alastair Sharp in Toronto Manish Parashar in Bengaluru; Editing by Ted Kerr and Lisa Shumaker)