The Ontario Securities Commission has named 10 members to its new investor advisory committee, the body it has created to help it identify and address investor issues.

The 10 volunteer members, each of whom will serve two-year terms, were selected by the OSC from a group of 140 applicants. The OSC chose the members from academia, consumer organizations, the media and the investing public based on their knowledge of the capital markets and relevant investor issues.

Eric Kirzner, a professor of finance and the John H. Watson chair of value investing at the Rotman School of Management, University of Toronto, will be co-chairman of the IAC.

Kirzner is also vice chairman of the board of Market Regulation Services Inc. and author of several books on investing.

The other members are: William Gleberzon, co-director of Canada’s Association for the Fifty-Plus; Robert Goldin, investment dispute consultant and forensic financial auditor; John Hollander, civil litigator with Ottawa-based Doucet McBride LLP; Gloria Hutton, a private investor; Richard Manicom, an information technology consultant and private investor; Poonam Puri, associate professor of law, Osgoode Hall Law School, York University; Pamela Reeve, a private investor; Kelly Rodgers, a consultant to private clients, foundations and aboriginal communities on investment policy, portfolio management and evaluation; Ellen Roseman, a business writer with the Toronto Star; and Whipple Steinkrauss, a board member of Consumer Council of Canada.

The OSC said it would create the committee after a town hall meeting last spring in Toronto that drew a hundreds of investors, many frustrated with their investment experiences and a regulatory regime they said was unresponsive to investor needs.
IE