CIRO Regional Councils – Call for Nomination

Applications Due By: April 15, 2024

Annually, members of CIRO Regional Councils invite Dealer Members to nominate candidates for election to the Regional Councils in each Region1where the Dealer Member has offices.

However, at this time, many of CIRO’s Regional Councils are at their capacity due to the great interest when they were first launched last year. As our Council members serve a two-year appointment, we therefore have limited space for new nominations for the coming year.

For current Regional Council composition, please refer to CIRO’s website at National Council and Regional Councils.

We would still encourage interested Dealer Members to reach out to the contacts listed below for consideration in Regions that may have availability or future opportunities.

1. Regional Councils Mandate and Role

The Regional Councils play an important advisory role with respect to regional issues and provide a regional perspective on national issues, including client facing activities. They advise CIRO on industry trends of regulatory concern, provide input on the impact of CIRO’s regulatory initiatives, and communicate high-level information regarding meeting discussions to their constituents.

Members of the Regional Councils have the opportunity to participate in the self-regulatory process, discuss various topics related to the securities industry and to connect with both other Dealer Members in their Region as well as with CIRO Staff.

Each Regional Council is comprised of four to twenty members, including a Chair and a Vice-Chair. Position terms are held for two years, and they are renewable. Chair and Vice-Chair positions are held for a two-year term. Regional Council meetings take place on a quarterly or monthly basis.

2. Nomination and Appointment Process

A Dealer Member with offices in the Region may nominate a candidate for election to the Regional Council. To qualify as a nominee, a person must be an officer or employee of a Dealer Member in the Region. Nominees must be interested in getting involved and contributing to discussions on the investment industry’s regulatory aspects. CIRO values diversity and inclusiveness in our advisory committees from across our Dealer members.

All nominees are reviewed by selected members of CIRO Regional Councils and submitted for consideration at the Annual General Meeting of the Dealer Members of the Region.

3. Submissions

Please submit the completed Nomination form approved by the senior management of the Dealer Member (see Appendix A), including the individual’s resume, by no later than April 15, 2024 to Ms. Croce Cuffaro who acts as the national coordinator for this call for nominations.

Mail: Ms. Croce Cuffaro
Executive Assistant to Alexandre Bardoux, Regional Director, Regulation
CIRO- Canadian Investment Regulatory Organization
525 Avenue Viger West, Suite 601
Montréal, Québec, H2Z 0B2
Email: ccuffaro@ciro.ca

If you have any questions, please reach out to the following contact persons:

Ron Johnston (British Columbia)
Director, Member Compliance and Registration, Western Canada
rjohnston@ciro.ca

Mark Stott (Alberta, Manitoba, and Saskatchewan)
Director, Member Compliance, Prairie Region
mstott@ciro.ca

Alexandre Bardoux (Quebec and Atlantic)
Québec Regional Director, Regulation
abardoux@ciro.ca

Michelle Pong (Ontario)
Senior Legal Counsel, Director, District Hearing Committees, Mutual Fund Division
mpong@ciro.ca

• 1Per CIRO By-law section 10.1, the Regions are as follows:
  a) Atlantic Region, composed of the Provinces of New Brunswick, Nova Scotia, Prince Edward Island
  and Newfoundland and Labrador;
  b) Québec Region;
  c) Ontario Region;
  d) Manitoba Region, composed of the Province of Manitoba and the Territory of Nunavut;
  e) Saskatchewan Region;
  f) Alberta Region, composed of the Province of Alberta and the Northwest Territories; and
  g) Pacific Region, composed of the Province of British Columbia and the Yukon Territory.