The Ontario Securities Commission (OSC) is inviting new applications for membership on its Continuous Disclosure Advisory Committee (CDAC).

The committee, established in 2002, advises OSC staff on a range of matters, including the planning, implementation and communication of its review program, and policy- and rule-making initiatives. It also serves as a forum to make staff aware of emerging issues and to critically assess its procedures.

The CDAC is made up of approximately 15 members. It generally meets five times a year and members serve two-year terms. Members are expected to have extensive knowledge of continuous disclosure issues and a strong interest in securities regulatory policy as it relates to these issues. The committee is currently chaired by Kelly Gorman, a manager in the OSC’s Corporate Finance Branch.

Representatives of reporting issuers, industry associations, advisors, investing organizations and any other interested persons are invited to apply in writing for membership on the CDAC indicating their areas of practice and relevant experience. Interested parties should submit their application by June 30, 2008.

Applications and any questions regarding CDAC may be forwarded to Gorman.