TORONTO, Sept. 14, 2011 /CNW/ - At the Annual General Meeting of the
Investment Industry Regulatory Organization of Canada (IIROC) held in
Toronto, Ontario on September 13, 2011, member firms elected /
re-elected eight individuals to the IIROC Board of Directors.
Four of the elected individuals are Industry Directors: Robert
Blanchard, George Gosbee, Michelle Khalili and Tom Kloet. The other
four are Independent Directors: Mike Gagné, Brian Heidecker, Daniel
Muzyka and Eric Kirzner.
Six individuals who were elected to the Board at the 2010 AGM are now
continuing with the second year of their two-year terms. These
individuals include M. Marianne Harris, Yves Néron and Tal Cohen as
Industry Directors, and Daniel Leclair, Gerry Rocchi and Grant Vingoe
as Independent Directors.
At the Board meeting held on September 14, the Board appointed Gerry
Rocchi as its new Chair. Doug McGregor is stepping down after
completing two years as Chair. The Board also appointed Michelle
Khalili as Vice-Chair, a position held by Gerry Rocchi since 2010.
IIROC's Board of Directors is comprised of 15 Directors, including the
President and CEO, and an equal number of Independent and Industry
The current Board includes:
Mike Gagné, Corporate Director
Eric Kirzner, John H. Watson Chair in Value Investing, Rotman School of
Management, University of Toronto
Brian Heidecker, Corporate Director
Daniel Leclair, Corporate Director
Daniel Muzyka, Dean and Professor, University of British Columbia and
Gerry Rocchi, CEO, Green Power Action Inc.
Grant Vingoe, Partner, Arnold & Porter LLP
Robert Blanchard, President, Haywood Securities Inc.
Tal Cohen, CEO, Chi-X Global
George Gosbee, Chairman, President and CEO, AltaCorp Capital Inc.
M. Marianne Harris, President, Corporate and Investment Banking, Merrill
Lynch Canada Inc.
Michelle Khalili, Managing Director, Equity Capital Markets, CIBC World
Thomas Kloet, CEO, TMX Group Inc.
Yves Néron, Senior Vice-President, Head of Private Client Services,
Valeurs mobilières Desjardins (VMD)
President and CEO
Susan Wolburgh Jenah, President and CEO, IIROC
More information about IIROC's Board of Directors, its mandate and
membership of its subcommittees (Corporate Governance; Finance and
Audit; and Human Resources and Pension) is available on IIROC's website
IIROC is the national self-regulatory organization which oversees all
investment dealers and trading activity on debt and equity marketplaces
in Canada. Created in 2008 through the consolidation of the Investment
Dealers Association of Canada and Market Regulation Services Inc.,
IIROC sets high quality regulatory and investment industry standards,
protects investors and strengthens market integrity while maintaining
efficient and competitive capital markets. IIROC carries out its
regulatory responsibilities through setting and enforcing rules
regarding the proficiency, business and financial conduct of dealer
firms and their registered employees and through setting and enforcing
market integrity rules regarding trading activity on Canadian equity
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
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