The Ontario Securities Commission has named a new membership of the committee that advises OSC staff on the planning, implementation and communication of its continuous disclosure review program.

The 17-member continuous disclosure advisory committee also advises on the impact of policy- and rule-making initiatives, emerging issues, and the OSC’s procedures. Members serve two-year terms and meet five times each year on average.

“We believe that effective communications with the stakeholders who are affected by our actions is an essential part of the regulatory process,” CDAC chairman John Hughes said in a release. “We’re delighted to be able to announce a new CDAC membership reflecting the variety of users and industry sectors involved in continuous disclosure. We’re particularly pleased to announce a CDAC membership reflecting a strong group of investor representatives, both individual and institutional.”

The members of the CDAC are:

  • Frank Allen, senior partner, Borden Ladner Gervais LLP;
  • Michelle Caturay, vice president, corporate secretary & associate general counsel, Canadian Imperial Bank of Commerce;
  • Julie Cays, director, external managers, Hospitals of Ontario Pension Plan;
  • Tom Graham, director, listed issuer services, Toronto Stock Exchange;
  • Bill Hewson, assistant controller, general accounting and corporate reporting, Canadian Pacific Railway;
  • John Hughes, manager, corporate finance, OSC (also CDAC chairman);
  • Guy Jones, vice president, finance, Decoma International Inc.;
  • Ken Kivenko, private investor;
  • Deborah Leckman, vice president investment division, OMERS;
  • Bill Mackenzie, president, Fairvest Corp.;
  • Peter McCarter, vice president and secretary, Aur Resources Inc.;
  • Ross McKee, partner, Blake, Cassels & Graydon LLP;
  • Tom Muir, executive vice president and chief development officer, Maple Leaf Foods Inc.;
  • Ram Ramachandran, investor/consultant;
  • Bob Tait, director, investor relations, Canadian Tire Corp. Ltd.;
  • Richard Wertheim, managing partner, Wertheim + Company Inc.; and
  • Gil Yaron, director of law and policy, Shareholder Association for Research and Education.