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

The CDAC, 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. The CDAC 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 CDAC is chaired by a commission staff representative, currently John Hughes, manager Corporate Finance.

Representatives of reporting issuers, industry associations and others are invited to apply in writing for membership on the CDAC indicating their areas of practice and relevant experience. Applications are due by June 15.