The Ontario Securities Commission has announced its registrant advisory committee members for the 2025-2026 term.
The registration, inspections and examinations division’s senior vice president, Matthew Onyeaju, will remain the committee chair. The following members will join him:
- Alexander Morsink, Equivesto Canada Inc.
- Andrew Auerbach, Delisle Advisory Group
- Arjun Saraf, Integrated Equities Inc.
- Denise Carson, BMO Asset Management Inc. & BMO Investments Inc.
- Joe DaSilva, Sprucegrove Investment Management Ltd.
- Julie Mansi, Borden Ladner Gervais LLP
- Kelly Reynolds, Hillsdale Investment Management Inc.
- Mary Joyce Empensando, Questrade Wealth Management Inc.
- Nancy Mehrad, Registrant Law Professional Corporation
- Naomi Bartlett, IGM Financial Inc.
- Patrick Keeley, Seven Hills Capital Corp.
- Peter Dunne, Private Capital Markets Association of Canada
- Victoria Paris, Portfolio Management Association of Canada
The new members were announced on December 17. The OSC issued a call for membership applications on October 10, with the submissions window closing on November 8.
The RAC was launched in 2012 to investigate interpretation and compliance challenges faced by registrants on Ontario securities laws, such as registration matters. It is also a consultant to the OSC on developing and implementing policy and rule-making initiatives to protect investors and drive fair and efficient capital markets, the OSC explained in a media release.
Members hail from diverse registration categories and OSC-managed business models, such as firms and retail investors. Committee members serve for two years and are set to meet about four times a year. They are also to attend additional ad hoc meetings as needed.
The OSC protects investors from unfair, improper or fraudulent practices. In addition to driving fair and competitive capital markets, it facilitates capital formation, helps stabilize the financial system, and mitigates systemic risk.
The last batch of new RAC members was announced in December 2022 under then-chair Debra Foubert, director of the compliance and registrant regulation branch.