IIAC to award Diamond Jubilee medals

The Investment Industry Association of Canada (IIAC) has announced it will award Queen Elizabeth II Diamond Jubilee Medals to individuals who have made a lifetime contribution to the Canadian securities industry.

IIAC member firms will be asked to identify people who, during their professional life, have made a major contribution to building this industry in a way that serves the investing public and issuers, the financing and trading of securities, the capital market infrastructure for the trade, clearing and settlement of securities, and good public policy and effective regulation of markets and the industry.

“This process is an excellent opportunity to honour the leaders who have helped build the Canadian investment industry to demonstrating globally the strong national profile it has today,” says Ian Russell, IIAC President and CEO. “It is an industry that both helps businesses across the country raise capital and create jobs, and assists Canadians who wish to invest for their future.”

The commemorative Queen Elizabeth II Diamond Jubilee Medal was created to mark the 2012 celebrations of the 60th anniversary of Her Majesty Queen Elizabeth II’s accession to the Throne on February 6, 1952. It is described by the Office of the Governor General as “… a tangible way for Canada to honour Her Majesty for her service to this country. At the same time, it serves to honour significant contributions and achievements by Canadians.”

In accordance with Office of the Governor General guidance, each person nominated must:

• Be a Canadian citizen or a permanent resident of Canada, but need not necessarily reside in Canada;
• Have made a significant contribution to a particular province, territory, region or community within Canada, or an achievement abroad that brings credit to Canada; and
• Be alive on February 6, 2012, the 60th anniversary of Her Majesty’s accession to the Throne.

As well, the following requirements apply:

• Through their achievements and sustained contribution, the candidates must have distinguished themselves from others employed in the same field;
• Recipients must be highly respected individuals within their community;
• The list of recipients should be inclusive and reflect the demographics of the … community;
• The selection process should be non-partisan and merit-based;
• The medal is to be awarded to individuals only, not to groups or couples.

Examples of the reasons for which securities industry candidates may be nominated include those who have:

• Created independent franchises to serve the investing public and corporate/government issuers;
• Devised innovative solutions in the financing, trading and advice businesses;
• Designed and implemented capital markets infrastructure for trading, clearing and settlement;
• Advocated for good public policy surrounding, and effective regulation of, the firms, markets and people in our industry.

For more details of the Queen Elizabeth II Diamond Jubilee Medal, visit www.gg.ca/diamondjubilee.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.