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|FOR IMMEDIATE RELEASE
February 27, 2019
OSC Announces New Commissioner Appointments
TORONTO – Ontario Securities Commission (OSC) Chair and CEO Maureen Jensen is pleased to announce the following appointments to the Commission. These Commissioners will each serve a two-year term.
- Mary Anne De Monte-Whelan is an experienced corporate finance professional with expertise in investment banking, equity analysis and corporate banking. She is currently President of The Delan Group, a consulting firm that specializes in strategic positioning, equity and investment analysis. A respected lecturer on international finance and investments, Mary Anne is a former Adjunct Professor at the Rotman School of Management, University of Toronto, and has developed executive education programs at the Schulich School of Business, York University.
- Heather Zordel is a lawyer with extensive experience in corporate finance, securities regulatory compliance and corporate governance. Currently a partner in the Securities Group at Gardiner Roberts LLP, she is also a Co-Director and Course Director for the Osgoode LL.M program in securities law. Heather is a Bencher of the Law Society of Ontario and on the Boards of Toronto Hydro Corporation, LawPro and the Condominium Authority of Ontario. Heather is a former member of the federally-appointed Expert Panel on Securities Regulation and a past chair of the Securities Advisory Committee to the OSC.
“I am delighted with the appointments of Mary Anne and Heather who bring a tremendous breadth of financial experience and strong industry perspectives to the Commission,” said Chair Jensen. “I look forward to working closely with them to deliver regulation that drives opportunities for Ontario businesses and investors.”
Biographical information on all Commissioners is available in the About the OSC section of the OSC website at www.osc.gov.on.ca.
The Commission has two related but independent roles. It serves as the Board of Directors of the OSC and performs a regulatory function, which includes making rules and policies and adjudicating administrative proceedings.
The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair and efficient capital markets and confidence in the capital markets, and to contribute to the stability of the financial system and the reduction of systemic risk. 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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