OSC Staff Notice 11-737 (Revised) – Securities Advisory Committee – Vacancies

The Securities Advisory Committee (“SAC”) is a committee of industry experts established by the Commission to advise it and its staff on a variety of matters including policy initiatives and capital markets trends. The Commission seeks four prospective candidates to serve on SAC beginning in January 2025 for a three-year term ending December 2028. There is typically a one-third turnover of SAC membership each calendar year.

SAC members generally meet every month and provide advice on a variety of matters, including legal and regulatory initiatives, as well as market implications of Commission rules, policies, operations, and administration. SAC members are also invited to provide their perspectives on emerging trends in the marketplace. Those who make a commitment to serve on SAC must be in a position to devote the time necessary to attend meetings and be an active participant at those meetings.

SAC members are expected to have excellent technical abilities and a strong interest in the development of securities regulatory policy. This includes having in-depth knowledge of the legislation, rules and policies for which the Commission is responsible, as well as a significant practice and experience in the securities field. Expertise in an area of special interest to the Commission at the time of an appointment will also be a factor in selection. Diversification of membership on SAC continues to be a Commission priority in order to promote a broad perspective on the development of securities regulatory policy. In addition to candidates engaged in private practice, we continue to welcome the submission of applications from in-house counsel practicing in the securities area at an exchange, institutional investor or dealer.

The OSC encourages applications from all qualified candidates who represent the full diversity of communities across Ontario.

Qualified individuals who have the support of their firms/employers for the commitment required to effectively participate on SAC, are invited to apply in writing for membership on SAC to the General Counsel’s Department of the Commission, indicating areas of practice and relevant experience. Prospective candidates are encouraged to review OSC Policy 11-601 for further information about SAC.

SAC members whose terms continue past December 2024 are:

• David A. Seville Torys LLP
• Sandra Zhao McMillan LLP
• Robert Seager Voorheis & Co. LLP
• Rosalind Hunter Osler, Hoskin & Harcourt LLP
• Gesta Abols Fasken
• Steve J. Cutler Davies Ward Philips and Vineberg LLP
• Matthew Merkley Blake, Cassels & Graydon LLP
• Howard Rusak Canada Pension Plan Investment Board
• Selma Thaver Toronto Stock Exchange

The Commission wishes to thank the following members whose terms will expire at the end of December 2024:

• Jeff Hershenfield Stikeman Elliott LLP
• Nancy Mehrad Registrant Law Professional Corporation
• Manoj Pundit Borden Ladner Gervais LLP
• Heidi Reinhart Norton Rose Fulbright LLP

The Commission is very grateful to outgoing members for their able assistance and valuable input.

Applications for SAC membership will be considered if received on or before November 30, 2024. Applications should be submitted by email to:

Paloma Ellard
Associate General Counsel and VP Legal
Ontario Securities Commission
20 Queen Street West, 22nd Floor
Toronto, Ontario, M5H 3S8
Email: [email protected]

The OSC is committed to diversity, and it is our priority to provide an inclusive workplace, including on our advisory committees, where all individuals feel safe, valued, respected, and empowered.

We are committed to ensuring an inclusive, barrier-free, accessible recruitment process so that all individuals with disabilities, who are interested in pursuing and who apply for employment with the OSC, are made aware of the accommodation measures available to them throughout the recruitment and hiring process.

If you require an accommodation, please contact Paloma Ellard and we will work with you to meet your needs. For further information, please refer to accessibility at the OSC.

The OSC is a proud partner with the following organizations: BlackNorth Initiative, Canadian Centre for Diversity and Inclusion, and Pride at Work Canada, and is committed to our Accessibility and Reconciliation Action Plans.