News Release
Stephen Sibold Named New Chair of Canadian Securities Administrators [CSA]
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Date:
2003-04-07 -
Number:
2003/26
Toronto – Alberta Securities Commission Chair Stephen Sibold has been named the new chair of the Canadian Securities Administrators, the national umbrella group representing Canada’s securities regulators.
Sibold succeeds Douglas Hyndman, the British Columbia Securities Commission Chair who served as head of the CSA for eight years. Donne Smith, Administrator of the New Brunswick Securities Administration Branch, was named vice-chair.
“I was honoured to represent my CSA colleagues and thank them for their support over the years,” said Hyndman. “The ongoing work of the CSA is an important component in ensuring that all Canadians have access to fair and efficient capital markets.”
“Doug Hyndman has done a tremendous job during his tenure as CSA Chair,” Sibold said. “As I step into this role, I am, among other things, focused on continuing the development of uniform legislation for the CSA, and on improving the effectiveness of the CSA,” said Sibold.
Sibold’s and Smith’s appointments were confirmed at a meeting of the chairs of the 13 provincial and territorial regulators in Toronto on Thursday April 3, 2003. Both positions are two-year terms.
The CSA is an umbrella organization for the 13 securities regulators of Canada’s provinces and territories to coordinate and harmonize regulation of the Canadian capital markets.
Media relations contacts:
| B.C. Securities Commission Andrew Poon 604-899-6880 1-800-373-6393 (B.C. & Alberta only) www.bcsc.bc.ca | Alberta Securities Commission Joni Delaurier 403-297-4481 www.albertasecurities.com |
| Manitoba Securities Commission Ainsley Cunningham 204-945-4733 1-800-655-5244 (Manitoba only) www.msc.gov.mb.ca | Ontario Securities Commission Eric Pelletier 416-595-8913 1-877-785-1555 (toll free in Canada) www.osc.gov.on.ca |
| Commission des valeurs mobilières du Québec Barbara Timmins 514-940-2176 1-800-361-5072 (Québec only) www.cvmq.com | N.B. Securities Administration Branch Christina Taylor 506-658-3060 1-866-933-2222 (New Brunswick only) www.investor-info.ca |
| Nova Scotia Securities Commission Nick Pittas 902-424-7768 www.gov.ns.ca/nssc | Securities Commission of Newfoundland and Labrador Susan W. Powell 709-729-4875 www.gov.nf.ca/gsl/cca/s |
| Registrar of Securities Department of Justice/Government of the Northwest Territories Tony Wong 867-873-7490 tony_wong@gov.nt.ca |  |