Market Regulation Services Inc. today announced that Professor Lawrence Kryzanowski, the Ned Goodman Chair in Investment Finance at Concordia University in Montreal, will represent the retail investor perspective in RS’s policy formation process.

Kryzanowski will participate in meetings of RS’s Rules Advisory Committee (RAC) which meets six times a year to ensure that any proposed trading rule or policy change adequately addresses market integrity concerns, is practicable and cost efficient, and is in the public interest.

“The issues that RS has been dealing with recently have highlighted the fact that market structure issues really do affect the retail investor,” said Tom Atkinson, RS president and CEO, in a release.

“Prof. Kryzanowski is internationally known for his expertise that bridges the fields of market microstructure and investment management. I am looking forward to having him at our RAC meeting tomorrow to help us look at the issues better from the retail investor’s point of view.”

RAC has 13 volunteer industry experts from buy-side and sell-side firms, representatives of the Toronto Stock Exchange, TSX Venture Exchange, Canadian Trading and Quotation System Inc. and the three Canadian alternative trading systems, as well as the legal and compliance community.

RAC reviews all amendments to the Universal Market Integrity Rules (UMIR) developed by RS staff and makes recommendations to RS’s board of directors. All UMIR amendments are first approved by the RS board before they are submitted to the securities commissions for review and for a public notice and comment period.

Kryzanowski is a consultant and expert witness in investment & portfolio management, efficiency & regulation of capital markets/participants, market microstructure, raising of funds, pricing of risky asset & contingent claims, business solvency, and domestic/international financial and market intermediation.