OSC Announces New Executive Director and CAO

TORONTO, June 14, 2016 /CNW/ - Ontario Securities Commission (OSC) Chair and Chief Executive Officer (CEO) Maureen Jensen announced today the appointment of Leslie Byberg as Executive Director and Chief Administrative Officer, effective immediately. 

"Leslie Byberg is a regulatory leader with over twenty years of experience in the capital markets and significant securities expertise," said Maureen Jensen, Chair and CEO of the OSC. "Having worked alongside Leslie for many years, I've appreciated her strong commitment to our mandate as well as her deep understanding of our regulatory and operational work. I look forward to working in partnership as we move forward with efforts to modernize capital markets regulation while promoting safe, fair and efficient markets in Ontario."

Since 2003, Ms. Byberg has held several executive positions at the OSC, most recently serving as the Director of the OSC's Strategy and Operations Branch, overseeing the OSC's business planning, policy prioritization and risk management processes. In this role, Ms. Byberg led the development of the OSC's Strategic Outlook for 2015-2017, oversaw the first comprehensive review of the Canadian fixed income market, and led the OSC's mystery shop research into the retail investment advice process. Ms. Byberg has also served as the Director of Corporate Finance and Director of Investment Funds (now Investment Funds and Structured Products Branch).

Prior to joining the OSC, Ms. Byberg was Senior Counsel of Regulation at the Investment Funds Institute of Canada. Ms. Byberg has also worked as an associate at several securities law firms, where she specialized in investment funds early in her practice.

The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices and to foster fair and efficient capital markets and confidence in the capital markets. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.gov.on.ca

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SOURCE Ontario Securities Commission

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