Committees

Bourse Self-Regulatory Oversight Committee

The Self-Regulatory Oversight Committee is appointed by the Board of Directors of the Bourse to oversee the activities of the Division. The composition and mandate of the Self-Regulatory Oversight Committee are set out in the Bourse's Recognition Order.

Advisory Committee on Self-Regulation

The Advisory Committee on Self-Regulation is appointed by the Self-Regulatory Oversight Committee to formulate recommendations to the Division regarding drafting and amendment to Market Integrity Rules and to help the Division implement the Bourse's public interest mandate.

The composition of the Advisory Committee on Self-Regulation is described under Article 2.301 of the Rules of the Bourse.

Disciplinary Committee

The Disciplinary Committee hears Disciplinary Complaints brought under Part 4 of the Rules of the Bourse.

The Secretary appointed by the Self-Regulatory Oversight Committee maintains a list of persons eligible to sit on a Disciplinary Committee (Article 4.600). This list and any change thereto must be approved by the Self-Regulatory Oversight Committee.

A Disciplinary Committee is composed of three Members (Article 4.600 of the Rules of the Bourse):

1. One of whom must be a Qualified Lawyer who shall chair the Disciplinary Committee (a Qualified Lawyer is a person who has practiced law in the province of Québec for no fewer than 10 years and has relevant experience as the Bourse may determine);
2. Two of whom must be Industry Representatives (a person who is, or has been, a director, officer or partner of an Approved Participant of the Bourse); and
3. The Members are not in a conflict of interest situation pursuant to Article 4.602 of the Rules of the Bourse.