OSC Staff Notice: OSC Notice - 45-706 - OSC Small Business Advisory Committee

ONTARIO SECURITIES COMMISSION NOTICE 45-706

OSC SMALL BUSINESS ADVISORY COMMITTEE

The Ontario Securities Commission is inviting new applications for membership on its Small Business Advisory Committee (the "SBAC").

The Commission recognizes the critical importance of consulting with industry participants and other stakeholders in carrying out its mandate. The SBAC, established in 2002, provides ongoing advice to the Commission and Commission staff on the securities regulatory issues facing small and medium-sized businesses in Ontario and serves as a forum for continuing communication between the Commission and small business.

The SBAC is composed of approximately ten individual members. It meets approximately four times a year and members serve two-year terms. Members are expected to have extensive knowledge of small business issues and a strong interest in securities regulatory policy as it relates to small business financing. As such, familiarity with securities regulation would be helpful.

The SBAC is chaired by a Commission staff representative. The Chair for the next two years will be Erez Blumberger.

Representatives of small businesses, industry associations, law and accounting firms and other interested persons are invited to apply in writing for membership on the SBAC indicating their areas of practice and relevant experience. Interested parties should submit their applications by January 31, 2005. Applications and any queries regarding this Notice may be forwarded to:

December 17, 2004.