TORONTO, Jan. 26, 2017 /CNW/ - The Ontario Securities Commission (OSC) announced today the membership of its new Fintech Advisory Committee (FAC), which will advise OSC staff on developments in the fintech space as well as the unique challenges faced by fintech businesses in the securities industry.
"We had an overwhelming interest in the FAC. These individuals have direct business experience with fintech innovation and in-depth knowledge of the issues faced by firms navigating securities law requirements," said Pat Chaukos, Chief of OSC LaunchPad. "Their insight will help us as we apply key learnings from OSC LaunchPad more broadly to modernize regulation."
The FAC will meet quarterly, with members serving one-year terms, and will be chaired by Pat Chaukos, Chief of OSC LaunchPad. The committee members are:
Adam Felesky, Portag3 Ventures
Christine Day, Questrade
Christian Lassonde, Impression Ventures
Christopher Church, Digital Asset Holdings
Dan Adamson, Outside IQ
Dan Rosen, Fields Institute for Research in Mathematical Studies
Elena Litani, TD Bank
Francis Pouliot, Satoshi Portal
Jason Cassidy, Crypto Consultant
Joseph Lubin, ConsenSys
Joseph Weinberg, Paycase
Marcel Schroder, Lendified/Vault Circle
Matthew Spoke, Nuco
Michael Tang, Deloitte
Randy Cass, Nest Wealth Asset Management
Sue Britton, Fin+Tech Growth Syndicate
OSC LaunchPad (www.osclaunchpad.ca) is the first dedicated team by a securities regulator in Canada to provide direct support to eligible fintech businesses in navigating the regulatory requirements. OSC LaunchPad strives to keep regulation in step with digital innovation.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca
SOURCE Ontario Securities Commission
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