Taken from the previous link. stated in section 1:5, I also see David J. Smith is still a commisioner, he was slated to retire in July this year.

I am responsible for ensuring internal controls are in

place to ensure information is measured and reported

accurately and in a timely fashion. The measures presented

are consistent with the BCSC’s mandate, goals and

strategies, and focus on aspects critical to the organization’s

performance.

Here is where the BC government comes into play here, as well as Jim Flaherty Isn,t there a B.C. election coming up? Isn,t the Venture exchange extremely important to B.C.,s economy?. THESE ARE MY WORDS JUST SPOKEN. Below is the excerpt; found in section 1:6

Enab ling Legis lation

The BCSC’s enabling legislation is the

Securities Act

, RSBC 1996, c. 418.

We are accountable to the provincial

legislature and the public through the

Minister of Finance, to whom we submit

this Annual Report and audited financial

statements. We submit our three-year

Service Plan to the provincial Ministry of

Finance and Treasury Board as required

by the

Securities Act and the Budget

Transparency and Accountability Act.