The Securities Advisory Committee (SAC) of Ontario Securities Commission will be adding seven new members in January.

The SAC provides advice to the commission and OSC staff on a variety of matters including legislative and policy initiatives and important capital markets trends and brings various issues to the attention of the commission and staff.

The current members of SAC have staggered terms. One half of the current members will be completing their terms in December 2004, including:

  • Robert Karp, Torys LLP;
  • Edwin Maynard of Paul, Weiss, Rifkind, Wharton & Garrison;
  • Robert Nicholls from Stikeman Elliott;
  • Dale Ponder, Osler, Hoskin & Harcourt LLP;
  • Thomas Smee, Royal Bank; and
  • Philippe Tardif of Lang Michener.

The remaining members of SAC will continue until October 2005. Joining the committee in January for three years are:

  • Michael Bennet, Blaney McMurtry LLP;
  • Andrew Foley of Paul, Weiss, Rifkind, Wharton & Garrison;
  • Leslie Ann Johnson, Fraser Milner Casgrain LLP;
  • Douglas Marshall, Osler, Hoskin;
  • Jeffrey Singer from Stikeman Elliott;
  • Richard Steinberg, Faskin Martineau DuMoulin LLP; and
  • Robert Vaux of Goodmans LLP.

The commission will publish a notice in mid-2005 inviting applications for the next group of new SAC members, who will commence their terms in October 2005.