The Ontario Securities Commission (OSC) is looking for securities lawyers to serve as new members on its securities proceedings advisory committee (SPAC), the commission announced Wednesday.

The SPAC provides the commission with advice on policy and procedural initiatives involving proceedings at its administrative tribunal.

The committee consists of staff from the OSC’s Office of the Secretary and the Enforcement Branch and 10 to 12 members representing the private sector.

Members serve three-year terms and must be in good standing with the Law Society of Ontario, and currently practising, or have practised in securities litigation within the last three years

The committee is chaired by Grace Knakowski, secretary to the commission.

“Applicants should have an excellent knowledge of Ontario securities law, have significant practice experience in securities litigation, and a strong interest in the development of securities regulatory proceedings policy,” the OSC says in a news release.

Applications are due by Nov. 23.