OSC Announces New Members of Investor Advisory Panel

TORONTO, Nov. 1, 2013 /CNW/ - The Ontario Securities Commission (OSC) has announced four new members of its Investor Advisory Panel and the Panel's new Chair. The Panel comments on OSC proposals, including rules, policies and the annual Statement of Priorities, brings forward policy issues for consideration and advises on the effectiveness of the OSC's investor protection initiatives.

The new members joining the Panel will each serve a two-year term:

The Panel has been expanded to nine members from eight. The new members join continuing members Paul Bates, Connie Craddock, Alan Goldhar, Ken Kivenko and Cary List.  Following the completion of his one year term, Paul Bates has decided not to continue as Chair of the Panel due to the demands of his other professional obligations.  "We would like to extend our thanks to Mr. Bates for his effective leadership of the Panel over the past year and are delighted that he will remain to offer his expertise and perspective to the Panel,"  said Mary Condon, Vice-Chair of the OSC.  Ms. Craddock has been appointed Chair of the Panel and will serve a one-year term.

"The Panel has become an important voice for investors in the regulatory process, and the new members have been selected to ensure that the Panel continues to represent a broad range of relevant experience, skills, knowledge and perspectives," said Mary Condon. "I am pleased that Connie Craddock has agreed to serve as Chair of the Panel."  As a former senior communications executive at  the Investment Industry Regulatory Organization of Canada (IIROC), Ms. Craddock has extensive knowledge of the capital markets and issues related to Canadian investors.

Full biographical information on all Panel members, along with details on IAP meetings and other activity is available in the Investor Advisory Panel section of the OSC website.

SOURCE: Ontario Securities Commission