The Commissioners meet every two weeks to deal with regulatory policy matters. In addition, the Commissioners meet regularly, and no less than quarterly, as a Board of Directors to discharge their responsibility for the oversight of the management of the financial and other non-regulatory affairs of the Commission. In this capacity, the Board is charged with oversight responsibilities similar to those customarily found in boards of directors of public companies. The Board exercises its oversight both through regular meetings of the full Board and through regular meetings of the three standing Committees of the Board: the Audit and Finance Committee, the Corporate Governance and Nominating Committee and the Compensation Committee. From time to time the Board has established other temporary committees or retained consultants or other advisors to advise it on specific matters.

All of the members and each of the Chairs of the three standing Committees of the Board are part-time non-executive Commissioners, with the exception that the Chair of the Commission is an ex officio, non-voting member of the Governance and Nominating Committee. The Commissioners serving on the Committees of the Board are as follows.

Commission Charter of Governance Roles and Responsibilities


Independent Adjudicative Counsel

The Commission's Regulatory Oversight Function

In addition to their responsibilities as members of the Board, the Commissioners are charged with statutory responsibility for the administration of the Act. The Commissioners' regulatory oversight responsibilities are exercised partly through regular policy meetings of the full Commission every second Tuesday at which the Commission considers matters arising under the Securities Act, including, but not limited to, approving Commission policies and rules. The Commissioners also sit as an adjudicative tribunal when required.


Additional Information

If you would like further information on the Commission's corporate governance policies and procedures, please contact: