Ellen Roseman

Personal finance columnist at the Toronto Star and previously the Globe and Mail. My passion is consumer advocacy and making sense of money

Nov 18, 2021
Published on: LinkedIn
1 min read

Key question: Why are investor stakeholders not included in the Special Joint Committee that has been struck to recruit and recommend board members and CEO? This shows the industry bias in the planning stages of the new SRO. An unfortunate flaw that undermines the credibility of capital markets systems. #CSA #OSC #BCSC #ASC #MFDA #IIROC #time4change

The CSA and SROs have released a timetable for the new SRO to replace the MFDA and IIROC.  The corporate transactions necessary for amalgamation (including obtaining the necessary ministerial approvals) are expected to be completed by the end of 2022. It is expected that the CEO and Board of the new SRO will be announced in the second quarter of 2022. The question remains, why are investor stakeholders not included in the Special Joint Committee that has been struck to recruit and recommend board members and CEO. This shows the industry bias in the planning stages of the new SRO. An unfortunate flaw that undermines the credibility of capital markets systems. #CSA #OSC #BCSC #ASC #MFDA #IIROC #time4change See:

News Release

bcsc.bc.ca