Representatives from the Ombudsman for Banking Services and Investments (OBSI) and the Canadian Coalition for Good Governance (CCGG) feature among the new appointees to the Ontario Securities Commission’s (OSC) Continuous Disclosure Advisory Committee (CDAC).
The OSC announced the lineup for the latest incarnation of its CDAC on Tuesday. The committee advises OSC staff on their efforts to review continuous disclosure, along with any related policies addressing continuous disclosure issues. The committee also provides the OSC with advice on any emerging issues involving continuous disclosure.
The new committee members will serve two-year terms, effective immediately. They are expected to meet about five times per year.
The new members include Parham Nasseri from OBSI, Catherine McCall from CCGG, and Eleanor Fritz from TMX Group Inc., along with a list of representatives from Bay Street’s major law and accounting firms.
Bay Street firms represented on the new CDAC include: Blake, Cassels & Graydon LLP; Davies Ward Phillips & Vineberg LLP; PricewaterhouseCoopers LLP; Ernst & Young LLP; Norton Rose Fulbright LLP; KPMG LLP; and Wildeboer Dellelce LLP.
The committee also includes members from Veritas Investment Research, and a couple of issuers, Magna International Inc. and Iamgold Corp.