Carol Perry, a managing partner of a financial advisory services firm, has been appointed to a three-year term as a commissioner of the Ontario Securities Commission, OSC chairman David Brown announced today.

Perry, who holds a Masters of Business Administration degree from the University of Toronto and a Bachelor of Electrical Engineering Science degree from the University of Western Ontario, is managing partner at MaxxCap Corporate Finance Inc. She also chairs the board of directors at St. Joseph’s Health Centre, is a past director of the Independent Electricity System Operator and serves on the Education and Certification Committee of the Institute of Corporate Directors.

“Carol’s background in business, and her significant expertise in finance and capital markets developed during a career in investment banking and corporate financial management will serve the Commission well,” said Brown. “She has been an advisor and member of corporate boards and has been actively involved in strategy, corporate development and governance. Her skill set will help her contribute to directing the Commission as we continue to work with our colleagues to improve the securities regulatory system that serves Canada’s capital markets.”

The Ontario government recently reappointed OSC commissioners Harold P. Hands and Robert L. Shirriff, Q.C., each for a three-year term. There are currently 13 commissioners appointed to the Ontario Securities Commission.

As the regulatory body responsible for overseeing the securities industry in Ontario, the Ontario Securities Commission administers the Securities Act, the Commodity Futures Act and certain provisions of the Ontario Business Corporations Act. The commission’s mandate is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in their integrity.