The Ontario Securities Commission has announced the new members of its Securities Advisory Committee.

In November, six new members are joining the committee: Mark Convery, Ogilvy Renault LLP; Robert Karp, Torys LLP; Lonnie Kirsh, Kutkevicius Kirsh, LLP; Margaret Nelligan, Aird & Berlis LLP; David Valentine, Blake, Cassels & Graydon LLP; and Gina Yee, Scotia Capital Inc. They will serve three year terms.

The SAC provides advice to the commission and its 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 its staff.

The current members of SAC have staggered terms. One half of the current members will be completing their terms in October 2005. The Outgoing members are: Robert Chapman, McCarthy Tétrault LLP; Helen Daley, Wardle Daley LLP; Carol Hansell, Davies Ward Phillips & Vineberg LLP; Rosalind Morrow, Borden Ladner Gervais LLP; Sheila Murray, Blakes; Jeffrey Roy, Cassels Brock & Blackwell LLP; and, Cathy Singer, Ogilvy Renault.

The remaining members of SAC will continue until December 2007: Michael Bennett, Blaney McMurtry LLP; Andrew Foley, Paul, Weiss, Rifkind, Wharton & Garrison LLP; Leslie Ann Johnson, Fraser Milner Casgrain LLP; Douglas Marshall, Osler, Hoskin & Harcourt LLP; Jeffrey Singer, Stikeman Elliott LLP; Richard Steinberg, Fasken Martineau DuMoulin LLP; and, Robert Vaux, Goodmans LLP.

The commission will publish a notice in mid-2007 inviting applications for the next group of new SAC members, who will commence their terms in January 2008.