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Chief Adjudicator and Adjudicators

The Securities Commission Act, 2021 (link is external) provides that the Capital Markets Tribunal be composed of at least nine Adjudicators appointed by the Lieutenant Governor in Council for a specified fixed term. Adjudicators preside over administrative proceedings brought before the Tribunal.

On recommendation of the Minister of Finance, the Lieutenant Governor in Council designates a Chief Adjudicator from among the appointed Adjudicators. The Chief Adjudicator is responsible for supervising and directing the operations of the Tribunal. For more information regarding the Chief Adjudicator’s responsibilities, see the Memorandum of Understanding between the Ontario Securities Commission and the Ministry of Finance (link is external).

The Chief Adjudicator assesses the performance of each Adjudicator in accordance with the Adjudicator Performance Management Policy . The Chief Adjudicator relies on the assessment of Adjudicator performance in recommending to the Minister of Finance that Adjudicators be re-appointed.

Resources
Securities Commission Act, 2021 (link is external)
Memorandum of Understanding between the Ontario Securities Commission and the Ministry of Finance (link is external)
Adjudicator Remuneration and Expenses Policy