The Investment Industry Regulatory Organization of Canada is looking for people to sit on its hearing committees, who in turn serve on hearing panels.

A IIROC notice published Thursday solicits “expressions of interest” from people who want to be considered for nomination to IIROC’s District Hearing Committees (IIROC hearing panels are appointed from the members of these committees).

To be eligible for nomination, industry members must be active or retired directors, officers, partners or employees of IIROC dealers or markets.

Public members must be current or retired members of the Law Society of any Canadian province, with judicial or adjudicative experience of some kind.

The regulator’s corporate governance committee appoints members of the hearing committees based on nominations by district councils and IIROC marketplace members. To be considered for the next round of nominations applications must be received by March 17 in time for consideration at the corporate governance committee’s meeting in April.

Appointments are for three years. Retired industry members are paid $300 an hour for their service on panels, public members receive $400, but active industry members are not compensated.

IE