This is the first of a national symposium series focused on Canadian capital markets and is part of the new Canadian Foundation for Investor Education (CFIE) created by the Toronto Stock Exchange. Subsequent symposia will address other key issues facing the capital markets. The aim is to foster dialogue on issues that ultimately affect Canadian investors and Canada's capital markets.
This first symposium will include panel discussions on the issues surrounding federal versus state or provincial securities regulation, as leading academics and industry leaders from Canada, the United States, Europe and Australia share their experience with invited delegates. CMI and CFIE hope that this debate will provide valuable insight about the direction the country takes on this critical issue.
The issue of whether to create a single regulatory body in Canada has been the subject of heated debate amongst the media, regulators & corporate Canada recently. Under the current system, companies seeking to list in Canada could be forced to register with as many as 13 separate provincial & territorial regulators at considerable expense and time for them.
TSE President and CEO Barbara Stymiest and Jeff McIntosh, Director of the Capital Markets Institute, will jointly open the symposium. Ms. Stymiest said, "Securities regulation has been a widely discussed issue in Canada since the 1930s. At the symposium on March 8th we hope to hear from people from across the country and around the world as they offer their views on how Canadians should move forward on this long-standing issue."
The organizers are also accepting one-page abstracts for position papers on Canadian securities regulation. All interested parties should submit their abstracts to Lisa Porlier of the Capital Markets Institute at l.porlier@utoronto.ca. Submissions will be considered for web publication. Further details on the panels and list of speakers for the first symposium are available on tse.com. For conference registration information, email symposium@tse.com
