OSC Requests New Members for Continuous Disclosure Advisory Committee

TORONTO – The Ontario Securities Commission (OSC) is inviting new applications for membership on its Continuous Disclosure Advisory Committee (CDAC).

OSC staff recognize the critical importance of consulting with industry participants and other stakeholders in carrying out its mandate. Established in 2002, the CDAC advises staff on a range of projects, including the planning, implementation and communication of its review program, as well as policy and rule-making initiatives. The CDAC also serves as a forum to advise OSC staff on emerging issues, and to critically assess procedures.

The CDAC is made up of approximately 15 members who meet five times annually. Members serve two-year terms, and are selected for their extensive knowledge of continuous disclosure issues and a strong interest in related policy. The CDAC is currently chaired by OSC staff representative Kelly Gorman, a Deputy Director in the Corporate Finance Branch.

Representatives of reporting issuers, industry associations, advisors, investing organizations and any other interested persons are invited to apply in writing for membership on the CDAC. Interested parties should submit their application indicating their areas of practice and relevant experience by September 30, 2010.

Applications and questions regarding CDAC may be forwarded in writing to:

Kelly Gorman
Deputy Director, Corporate Finance
Ontario Securities Commission
416-593-8251
[email protected]

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