The newly formed, New Self-Regulatory Organization of Canada (New SRO) announced January 17 that it has appointed an investor advisory panel (IAP) which will advise the New SRO on regulatory matters and issues of public interest while it carries out its investor protection mandate.
Panelists are expected to serve on the IAP for two-year terms.
Following a call for applications made by the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) prior to the two regulators merging operations on January 1, 2023, panelists were selected after an advisory committee considered panelists’ backgrounds, experience, expertise and geographic representation.
Headed by former head of the MFDA’s investor protection fund, chair Dorothy Sanford, and vice chair, Moshe Milevsky, the panel also includes representatives with experience in securities law, finance, social justice, investing and regulation development. In addition to Sanford and Milevsky, the members of the IAP include Kerry Baisley, Heidi Conrad, James Emmerton, Cristie Ford, François Lavallée, Andrew Nicholson and Enoch Omololu.
“The IAP is a unique a diverse panel of experts on investor issues from across Canada that advises the New SRO in the development of regulatory policy, annual priorities, strategic plans and other regulatory initiatives,” the regulator states. “The mandate of the IAP is to assist the New SRO in the effective fulfillment of its public interest mandate and to convey issues of concern to investors for consideration by the New SRO.”
