Nova Scotia businessman William Black has been named the chairman of the expert board of directors for the proposed national securities regulator.
Black served as the president and CEO of Maritime Life from 1995 to 2004 and has served on a number of boards, including the Bank of Canada’s.
He ran for the leadership of the Nova Scotia Progressive Conservatives in 2006, but lost to Rodney MacDonald, who later became premier. Canada is the only country in the G20 that does not have a national securities regulator, and Ottawa’s plans to implement one have been mired in delays.
If it proceeds, the national regulator will be structured as a co-operative body that will be run by all of the participating provinces and territories…
CTV News –Â Canadian Press –Â July 24, 2015.