OSC draws advisory input from multiple committees into one senior-level pilot forum
A competitive application process that drew strong interest from across Ontario’s capital markets produced the first cohort with members serving one-year terms during the pilot period. The regulator has posted the member list on its website.
The OSC opened applications on April 8, setting an April 30 deadline and inviting submissions from marketplace representatives and dealers, reporting issuers, institutional investors, technology innovators, academics, and other market participants, per that earlier notice.
The same notice said CMAC would consolidate advisory input previously handled by multiple committees.
The committee will advise on regulatory operations, market trends, and innovation opportunities under the OSC’s strategic plan, and will comment on proposed rules, guidance, and regulatory initiatives.
Diversification of membership would be a priority to promote representation from a wide range of market segments, business models, and perspectives, the OSC said at the time, and it told applicants they would hear back by late May.
