The British Columbia Securities Commission (BCSC) is seeking input from stakeholders by way of two new advisory groups, the Corporate Finance Stakeholder Forum and the Fintech Advisory Forum.

“Smart regulation depends on good intelligence and the best way to get that it is by engaging with the people and businesses affected by our rules,” says the BCSC’s chair and CEO, Brenda Leong.

The corporate finance forum, a group of 25 volunteer members, led by senior staff in the BCSC’s corporate finance division, represent all areas of the British Columbia securities market, including issuer executives, investors, investor advocates, underwriters, legal and accounting advisers, academics and other securities market participants and stakeholders. The group held its first meeting Jan. 22. In it, members discussed the Canadian Securities Administrators’ proposal for a “notice equals delivery” system. The BCSC says the group “will help ensure that the Commission’s regulation of issuers is efficient and effective.”

At the same time, the commission is currently seeking applications from the financial technology community to join the Fintech Advisory Forum. The group will advise BCSC staff about fintech trends and developments, opportunities, risks, and provide input on fintech issues in the securities industry and securities law issues affecting fintech companies. Volunteer members will serve two-year, renewable terms. The group will meet on an ad-hoc basis with additional consultations by phone and email.

Those interested in becoming a member of the forum can apply by sending their resume to the BCSC’s Fintech & Innovation Team ([email protected]) before Feb. 28.