The Ontario Securities Commission (OSC) on Tuesday proposed new disclosure requirements (PDF) pertaining to the participation of women on boards and in senior management. The proposed measures would require all TSX-listed companies to use their corporate governance disclosures to address the representation of women in leadership positions. "According to statistics, women continue to be underrepresented on boards and in positions of senior management in Canada," the OSC said in a statement. Accordingly, the regulator is considering amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices, which currently makes no mention of gender in its board composition disclosure requirements. "In my view, diversity of opinion is invaluable to corporate decision-making, and it is therefore necessary to encourage greater representation of women at senior levels," Maureen Jensen, executive director and chief administrative officer of the OSC, said. "This proposal will
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