“OSC executive departure creates third senior-level vacancy, raises more staffing questions” by Barbara Shecter, National Post
National Post quotes Toronto corporate lawyer Jon Levin in an article that predicts recruitment will remain slow as the OSC transitions into a new co-operative federal-provincial regulator, the Cooperative Capital Markets Regulatory System, over the next few years.
“There is uncertainty as to what will happen to staff at participating provincial commissions if the co-operative commission comes into existence,” said Jon Levin, a veteran Bay Street lawyer and partner at Fasken Martineau DuMoulin LLP in Toronto.
“As a result, it is undoubtedly the case that participating provincial commissions are experiencing some difficulty in attracting and retaining the most desirable professionals.”