TORONTO, Feb. 3, 2015 /CNW/ - Ontario Securities Commission (OSC) Chair Howard I. Wetston, Q.C., today announced the following appointments to the OSC. The Commissioners will each serve a two-year term effective January 28, 2015:
- William Furlong, MBA is a senior banking executive with more than 20 years of experience in Canadian and international capital markets with expertise in asset-backed securitization, structured derivatives and the governance of trading businesses.
- Janet Leiper, LL.M., C.S. brings more than 25 years of legal and regulatory experience as an adjudicator, prosecutor and defence counsel. She recently completed an appointment as Integrity Commissioner for the City of Toronto.
- Timothy Moseley, LL.B, MBA was most recently Senior Vice-President and Chief Compliance Officer of the Canadian Imperial Bank of Commerce. He has over 20 years of experience in securities litigation, including civil and regulatory proceedings.
"Our newly appointed Commissioners bring unique and specialized expertise, which will help the Commission in the effective regulation and oversight of today's increasingly complex, sophisticated and interconnected capital markets," said Mr. Wetston.
Mr. Wetston also announced the two-year re-appointments, effective February 1, 2015, of Deborah Leckman, MBA, CFA, Alan Lenczner, Q.C., and AnneMarie Ryan, MBA.
The Commission has two related but independent roles. It serves as the board of directors of the OSC and performs a regulatory function, which includes making rules and policies and adjudicating administrative proceedings.
Biographical information on all Commissioners is available in the About the OSC section of the OSC website at www.osc.gov.on.ca.
The OSC is the regulatory body responsible for overseeing Ontario's capital markets. Its mandate is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in capital markets.
SOURCE Ontario Securities Commission
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