The Investment Industry Regulatory Organization of Canada is looking for a new head of its enforcement division, as the current chief, Paul Bourque, is heading back to the private sector.

Bourque has been senior vice president enforcement, policy and registration at the IIROC since it was created via the merger of the Investment Dealers Association of Canada and Market Regulation Services Inc. He had been with the IIROC predecessor, the IDA, as senior vice president member regulation since 2001.

He is leaving the regulator to become a partner at Deloitte LLP. At Deloitte, Bourque will be part of the firm’s financial advisory practice, and he will also be working with the enterprise risk and government performance practice. He is to start there June 8.

Prior to joining the IDA, Bourque was director of enforcement at the British Columbia Securities Commission, and became executive director of the BCSC in 1996. He joined the Ontario Securities Commission in 1998 as director of its market operations branch, and became deputy minister of justice and deputy attorney general for the province of Alberta in 1999. Before joining the financial industry he was a crown attorney in Ontario, crown prosecutor in Alberta, and held other roles within Alberta’s department of justice.

IE