The Ontario Securities Commission is bringing three new commissioners with business and legal experience aboard its 16-member team.
Two of the appointees come from banking. William Furlong retired from TD Securities Inc. in 2012, where he was most recently global head of trading business management. His professional areas of expertise include asset-backed securitization, structured derivatives and the governance of trading businesses.
The OSC also brought on former Canadian Imperial Bank of Commerce chief compliance officer Timothy Moseley, who has a background in securities litigation.
Janet Leiper has worked as an adjudicator, prosecutor and defence counsel. Until recently, Ms. Leiper was Toronto's integrity commissioner.
The OSC's commissioners serve two year terms, which started on Feb. 1. They oversee both the OSC's operations and enforcement cases.
OSC chair Howard Wetston said the new recruits will help regulate "increasingly complex, sophisticated and interconnected capital markets."
The OSC also said three commissioners have been reappointed for another term, including former TD Waterhouse Group Inc. senior vice president Deborah Leckman, civil litigator Alan Lenczner and former capital markets executive AnneMarie Ryan, who has experience in market structure and trading technology.