TORONTO, Nov. 7, 2011 /CNW/ - The Investment Industry Regulatory Organization of Canada (IIROC) is
pleased to announce that Wendy Rudd will join IIROC as Senior Vice
President, Market Regulation and Policy, effective November 8, 2011.
"Wendy brings a wealth of market regulation knowledge and practical
experience to IIROC. She will be an invaluable addition to IIROC's
senior management team," said Susan Wolburgh Jenah, IIROC's President
and Chief Executive Officer.
Ms. Rudd's extensive industry experience includes her role as Chief
Executive Officer at TriAct Canada Marketplace and senior management
roles in business development and equity trading at ITG Canada, CIBC
World Markets and the Toronto Stock Exchange. Ms. Rudd served on the
IIROC Board of Directors from 2008 to 2009 and was most recently a
Partner at Capco, a capital markets consultancy firm.
With this appointment, direct oversight of all aspects of IIROC's market
regulation program will rest with Ms. Rudd. Paul Riccardi's Senior Vice
President responsibilities continue to include Enforcement, Dealer
Member Policy and Registration. Rosemary Chan continues her Senior Vice
President role as IIROC General Counsel and assumes responsibility for
Business Conduct and Financial and Operations Compliance.
"This balanced allocation of responsibilities at a senior management
level will allow us to more effectively deliver on our mandate to
strengthen market integrity and build confidence in Canada's capital
markets in a period of rapid change," Ms. Wolburgh Jenah said.
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 marketplaces.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - General News
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