OSC adding members to small biz committee

The Ontario Securities Commission is asking for people to join its committee for small and medium business owners (referred to as the SMEC).

The purpose of the committee, says the OSC, is to advise OSC staff on the challenges and environment small and medium enterprises are facing. Made up of 10 to 15 members, it meets five times a year and the membership term is one year.

Jo-Anne Matear, manager of the corporate finance branch of the OSC, chairs the SMEC.

All SMEC members are asked to provide input on regulatory approaches to the capital-raising segment of the exempt market, including the impact on businesses of possible new prospectus exemptions under consideration by the OSC.

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The committee also discusses the development, implementation and communication of policies and practices to address issues affecting SMEs, in the pursuit of capital market efficiency, investor protection and economic growth. Interested parties should submit their applications, indicating their relevant experience, by February 10, 2014. Forward all forms and questions to:

Jo-Anne Matear Manager, Corporate Finance Branch Ontario Securities Commission SMEC@osc.gov.on.ca

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