In mid July, the Canadian Securities Administrators (CSA) announced that they have established its new, much anticipated Investor Advisory Panel (IAP) which was first publicized in 2021. The IAP is intended to provide awareness of the interests of retail investors’ interests as well as support the CSA’s policy development and help co-ordinate investor related issues amongst the various Canadian securities regulators.
Nine initial members with deep experience in investor issues have been appointed as of September 1, and members will have staggered terms of either two or three years with one potential renewal term. Panelists were chosen by a selection committee of CSA senior officials through a public selection process. The announcement noted that the Ontario Securities Commission has its own investor advisory panel, and thus cross-appointments on both committees will be held by an additional member on the IAP to help ensure interconnection between them.
August 17, 2022