Veteran securities lawyer Grant Vingoe has been named the new vice chairman of the Ontario Securities Commission (OSC).

OSC chairman and CEO Howard Wetston announced on Friday that Vingoe has been appointed vice chairman of the OSC for a two-year term, effective Aug. 12. He joins Monica Kowal, who was appointed to a two-year term last July, and he replaces Jim Turner, whose term expired in February.

Vingoe was most recently a partner with the law firm Norton Rose Fulbright LLP in New York, with a focus on cross-border securities transactions and financial services regulation. He has previously served as an independent director of the Investment Industry Regulatory Organization of Canada (IIROC), at which he was chairman of its corporate governance committee; Vingoe performed the same functions for IIROC predecessor, Market Regulation Services Inc.

“Vice chairs serve the most senior advisory role within the commission and are vital to ensuring we deliver on our mandate,” Wetston says in a statement. “Grant’s extensive experience as a leader on cross-border securities initiatives, along with his strong background in corporate governance and regulatory policy, make him the ideal candidate.”

Wetston’s term as head of the OSC is currently scheduled to expire in November.

Vingoe has a BA from the University of Toronto, a JD degree from the Osgoode Hall Law School and an LLM from the New York University School of Law.

He has served as counsel to the Toronto Stock Exchange and as guest lecturer at Osgoode on U.S. securities law. He is also a member of the Canadian Bar Association’s subcommittee on securities regulation and the Canadian Centre for Ethics & Corporate Policy.