regulation-justice-legal

IIIROC President and CEO Susan Wolburgh Jenah says she’ll retire October 31.

She was appointed president and CEO of IIROC’s predecessor organization, the Investment Dealers Association of Canada (IDA), in June 2007. She led the merger of the IDA and Market Regulation Services to establish IIROC in 2008.

During her tenure, the organization developed and implemented operational and policy reforms to protect investors, strengthen industry standards and enhance market integrity.

Read: IDA names new CEO

“She has brought to her role at IIROC over three decades of experience as a regulator, policy-maker and adjudicator and has made an indelible mark on securities regulation in Canada,” says Marianne Harris, Chair of IIROC’s board.

Wolburgh Jenah adds that the management team she leaves behind will continue to work on regulatory improvements and the other strategic priorities.

Read: IIROC finalizes designation guidance

She focused the organization on enhancing and enforcing industry and proficiency standards, maintaining fair and orderly markets and developing an effective risk-based approach to the regulation. She has also been a proponent of broader stakeholder engagement, transparency and accountability in order to achieve better regulation and enhanced compliance.

IIROC launched its Surveillance Technology Enhancement Platform (STEP) in 2010, a unique, multi-market surveillance platform, and has been building post-trade analytical capability to inform policy making.

Read: IIROC may cut capital requirements

Educating investors has been a priority under Wolburgh Jenah. IIROC created a suite of investor education resources and established partnerships with several investor education and financial literacy organizations.

The board has established search committee to identify a successor to Wolburgh Jenah.

Photo courtesy IIROC.

Originally published on Advisor.ca

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