FPSC makes changes to its board of directors

The Ontario Securities Commission (OSC) announced on Friday that it has named representatives from a variety of asset-management firms — including Brandes Investment Partners & Co., CIBC Asset Management Inc., Invesco Canada Ltd. and Sionna Investment Managers Inc. — to its 2017-19 Registrant Advisory Committee (RAC).

The RAC provides the OSC with feedback on policy from an investment industry perspective and provides a forum for examining issues and challenges registered firms from various segments of the industry face.

The latest edition of the committee, which is chaired by Debra Foubert, director of the OSC’s compliance and registrant regulation (CRR) branch, also includes representatives from the Portfolio Management Association of Canada and the Private Capital Markets Association of Canada along with representatives from FT Portfolios Canada Co., Nexus Investment Management Inc. and PowerOne Capital Markets Ltd. Bay Street law firms Borden Ladner Gervais LLP and Miller Thomson LLP are also represented.