The Ontario Securities Commission (OSC) announced on Thursday it is seeking four new securities industry regulatory experts to sit on its Securities Advisory Committee (SAC).
The purpose of the SAC is to advise the regulator, and its staff, on a variety of matters including policy initiatives and capital markets trends. The OSC is looking for four new members to serve on the SAC for a three-year term, beginning in January 2016.
The committee generally meets on a monthly basis and provides advice to the regulator on a variety of matters, including legal and regulatory initiatives, and, the market implications of commission rules, policies, operations, and administration. Its members also provide their perspectives on emerging trends in the marketplace, the OSC says.
Prospective members of the committee are expected to have a strong interest in regulatory policy, including in-depth knowledge of the securities legislation and rules, along with significant experience in the securities industry.
Lawyers in private practice, and in-house counsel at an exchange, institutional investor, or dealer, are invited to apply for membership to the general counsel’s office of the commission by Nov. 27.