The Ontario Securities Commission (OSC) has named seven members to its Investor Advisory Panel.
The panel includes Nancy Averill (member of the board of directors of the First Nations Statistical Institute), Paul Bates (dean and industry professor in financial management services at the DeGroote School of Business, McMaster University), Stan Buell (founder, president of the Small Investor Protection Association), Lincoln Caylor (commercial litigator with Bennett Jones LLP), Steven Garmaise (former associate director of the Canadian Foundation for Advancement of Investor Rights) and Michael Wissell (senior vice-president, Ontario Teachers’ Pension Plan).
The members will serve a term of two years and the first meeting will be held in September. The OSC received applications from 119 individuals. The members were selected based on their experience with investor issues and public policy development.
The panel’s role will be to provide input on the work of the commission, including rules, policies and the annual statement of priorities, as well as specific issues that are requested.
“We believe that investor input is very important to the OSC’s initiatives. The panel will provide a voice for Ontario investors to assist the Commission in its work,” said OSC chair David Wilson.