Zordel’s resignation comes just seven months after she was appointed as the first chair under the regulator’s modernized structure, which separates the enforcement tribunal from the board. (The Globe and Mail)
Zordel’s resignation comes just seven months after she was appointed as the first chair under the regulator’s modernized structure, which separates the enforcement tribunal from the board. (The Globe and Mail)
Zordel’s resignation comes just seven months after she was appointed as the first chair under the regulator’s modernized structure, which separates the enforcement tribunal from the board. (The Globe and Mail)
Talking point: Zordel’s appointment by Ontario Premier Doug Ford’s Progressive Conservative government was controversial, The Globe previously reported, and prompted two high-profile board members to resign in protest. Zordel spent her career as a lawyer advising small mining and energy companies and fast-growing tech companies and wrote dissenting positions as a part-time commissioner that were criticized by investor protection advocates. She was promoted to chair a little more than a year after her term as commissioner. Meanwhile, the OSC announced a pilot program that expands access to private investments beyond accredited investors, allowing people with relevant work or educational experience who don’t meet the wealth threshold to invest up to $30,000 annually.
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