7/28/2019 Pasar Modal Kanad

1/2

http://www.osc.gov.on.ca Ontario Securities Commission (Canada)

THE COMMISSION

The Board of Directors of the Ontario Securities Commission oversees the management of the financial

and other affairs of the Commission. The Board is comprised of the members of the Commission, eachof whom is appointed by the Lieutenant Governor in Council for varying terms of office, not exceeding

five years. The members of the Commission, or Commissioners, may be reappointed by the LieutenantGovernor in Council for further terms. There must be at least nine but not more than fourteen

Commissioners.

Presently, the Board is comprised of eleven Commissioners; three of whom are full-time executive

managers of the Commission and eight of whom are part-time non-executive Commissioners. The full-

time Commissioners are:David A Brown, Q.C., Chair and Chief Executive Officer of the Commission,who acts as Chair of the Board andPaul M. Moore, Q.C., Vice-Chair. The part-time Commissioners

are:

Paul K. BatesRobert W. DavisHarold P. HandsRobin W. KorthalsM. Theresa McLeodH. Lorne Morphy Q.C.Robert L. Shirriff, Q.C.Suresh Thakrar, FIBCWendell S. Wigle, Q.C.

The Commissioners meet every two weeks to deal with regulatory policy matters. In addition, theCommissioners meet regularly, and no less than quarterly, as a Board of Directors to discharge theirresponsibility 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 thosecustomarily 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 establishedother 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.

Audit and Finance Committee

Robert W. Davis, ChairPaul K. Bates

Robert W. KorthalsRobert L. Shirriff, Q.C.

Corporate Governance and Nominating Committee

http://www.osc.gov.on.ca/http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#1http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#1http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#3http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#3http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#3http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#5http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#6http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#7http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#8http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#9http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#10http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#11http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#12http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#13http://www.osc.gov.on.ca/en/About/Governance/audit_finance.htmhttp://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#6http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#5http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#8http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#11http://www.osc.gov.on.ca/en/About/Governance/nominating.htmhttp://www.osc.gov.on.ca/http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#1http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#3http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#5http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#6http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#7http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#8http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#9http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#10http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#11http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#12http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#13http://www.osc.gov.on.ca/en/About/Governance/audit_finance.htmhttp://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#6http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#5http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#8http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#11http://www.osc.gov.on.ca/en/About/Governance/nominating.htm

7/28/2019 Pasar Modal Kanad

2/2

H. Lorne Morphy Q.C., Chair

Robert W. Davis

Harold P. Hands

M. Theresa McLeodRobert W. Korthals

Suresh Thakrar

David A Brown,ex officio member

Compensation Committee

Harold P. Hands, ChairM. Theresa McLeod

Robert L. Shirriff, Q.C.

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 everysecond 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.

http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#10http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#6http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#7http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#9http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#8http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#12http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#1http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#1http://www.osc.gov.on.ca/en/About/Governance/compensation.htmhttp://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#7http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#9http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#11http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#10http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#6http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#7http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#9http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#8http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#12http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#1http://www.osc.gov.on.ca/en/About/Governance/compensation.htmhttp://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#7http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#9http://www.osc.gov.on.ca/en/About/Governance/commission_members.htm#11