Proficiency Committee

A key component of effective self-regulation is industry input and involvement. The Proficiency Committee plays an important role in supporting New SRO Proficiency Staff on matters relating to proficiency policy and operations. The Committee is a valuable source of practical industry knowledge and expertise working with New SRO to ensure high standards of proficiency, professionalism and ethics on the New SRO platform.

Mandate

To advise New SRO Staff on matters relating to proficiency policy and operations. This includes matters relating to licensing standards and training and continuing education.


Reports To

New SRO Proficiency Staff.


Specific Responsibilities

  • The Committee will provide feedback to New SRO Staff with respect to proficiency and licensing policies, standards and initiatives.
  • The Committee will support New SRO Proficiency Staff in its oversight of proficiency courses through review of course material and proposals relating to course content, instructional design, etc.
  • The Committee will support New SRO Proficiency Staff in the development and updating of proficiency and competency standards by providing input and through the work of specialized ad hoc committees struck by New SRO Proficiency Staff.

Membership

The Committee will be comprised of a floating number of members limited to a maximum of 15. Committee membership will aim to draw from the following areas of expertise:

  • senior management personnel of Dealer Members;
  • education and training personnel of Dealer Members;
  • institutional and retail personnel of Dealer Members;
  • compliance and legal personnel of Dealer Members; and
  • people with expertise in proficiency matters (including non-Dealer Member).

Members of the Committee may not provide proficiency consulting services to CSI or any other provider of the New SRO proficiency courses.


Term

2 year term, renewable


Appointment Process

Applications are reviewed by New SRO Proficiency Staff. Committee members are appointed by the President and CEO or his/her designate on the advice of New SRO Proficiency Staff. New SRO will aim to achieve a membership reflective of different sizes and types of firms and different regions of Canada.


Chair

A Chair is elected by the members of the Committee for the 2 year term of the Committee.


Subcommittees

New SRO Proficiency Staff may strike working groups or ad hoc subcommittees.


Meeting Schedule

The Proficiency Committee will meet quarterly. Special meetings may be called at the request of the Committee Chair or Proficiency Staff.


Proficiency Committee

Name Organization
Kirsty MacDonald, Chair RBC Dominion Securities
Reg Bonfoco-Barrero-Martinez, Vice-Chair BMO Financial Group
Jennelyn Adona Cormark Securities Inc.
Alan Berge Haywood Securities Inc.
Keir Clark Scotia Wealth Management
David Clarke BMO Global Asset Management
Vincent Di Fruscia National Bank Financial
Ben Felix PWL Capital Inc.
Kelley Hoffer Merrill Lynch Canada Inc.
Ivo Mandadjiev Beutel, Goodman & Company Ltd.
Susan Milburn  
Mary Lou Olton Edward Jones
Jason Pereira IPC Securities Corporation
Luc Trottier Desjardins Securities Inc.

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