Expert Panel on Securities Regulation

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Expert Panel on Securities Regulation announces Legal Advisory Committee

Ottawa, August 28, 2008 – The Honourable Thomas Hockin, P.C., Chair of the Expert Panel on Securities Regulation in Canada, today announced the appointment of a legal advisory committee to support the Panel’s efforts.

“The six-person committee, which is drawn from across the country and represents a number of areas of legal expertise, has been created to provide legal advice in connection with the preparation of a model common securities act”, said Mr Hockin.

“We are very pleased to have the legal expertise and experience of such a distinguished group of Canadians,’ he said. “Their guidance will be invaluable as we chart a new course for securities regulation in Canada.

Specifically, the committee will provide expert legal advice with respect to the model common securities act currently being developed by the Panel. The Panel has a mandate to provide a final report to ministers -- federal, provincial and territorial -- by the end of 2008.

The members of the legal advisory committee are:

  • Philip Anisman, Barrister and Solicitor, Toronto.
  • Richard J. Balfour, Partner, Torys LLP Toronto.
  • Patrick Finnerty, Partner, Blakes Cassels and Graydon LLP, Calgary.
  • Mitchell Gropper, Partner, Farris, Vaughn, Wills and Murphy LLP, Vancouver
  • Francis Legault, Partner, Ogilvy Renault LLP, Montreal.
  • Glorianne Stromberg, securities lawyer, Toronto.

Biographical information on the members of the Legal Advisory Committee is attached.

The Expert Panel also intends to consult the Securities Law Committee, National Business Law Section, of the Canadian Bar Association on the model common securities act.

For further information contact:
George Bentley
Communications and Consultations Manager
(613) 947-8613