OSC Requests New Members for Investment Funds Product Advisory Committee

TORONTO, April 22, 2013 /CNW/ - The Ontario Securities Commission (OSC) is inviting applications for membership on its Investment Funds Product Advisory Committee (IFPAC).

In an environment of rapid product growth and increasingly complex investment fund products, OSC staff recognize the unique perspective market participants, particularly product manufacturers and portfolio advisors, may have in identifying and anticipating market and product trends.

Established in 2011, the IFPAC advises OSC staff on emerging product developments and innovations occurring in the investment fund industry. The committee discusses the impact of these developments, as well as emerging issues.

Serving two-year terms, the eight to 12 committee members meet four times annually and have the opportunity to express an interest to renew their membership. Members are selected on the basis of their involvement in the investment fund industry, their knowledge of product development and their strong interest in related policy considerations. The IFPAC is currently chaired by Rhonda Goldberg, Director, Investment Funds Branch.

Representatives with industry experience in the fund or portfolio management business, and other interested persons, are invited to submit applications for membership on the IFPAC in writing, indicating their areas of practice and relevant experience.  Applications are due by May 17, 2013.

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

Melissa Schofield
Senior Legal Counsel, Investment Funds Branch
Ontario Securities Commission
416-595-8777
[email protected]

SOURCE: Ontario Securities Commission

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