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Select Vantage CEO Schlaepfer Appointed to OSC Advisory Committee
Traders Magazine Online News, September 27, 2019
The Ontario Securities Commission (OSC) has announced that Daniel Schlaepfer will be joining its Market Structure Advisory Committee (MSAC) for the 2019-2021 term.
Schlaepfer is the President and CEO of Toronto-based Select Vantage Inc (SVI), a global proprietary day-trading platform employing over 2,700 traders across 50 countries worldwide. He is a regular writer and commentator on global financial regulation and innovation for a number of publications, including the Financial Times Advisor, The Independent, and Euractiv.
Select Vantage was founded in 2011 as a next-generation market participant firm marrying human insight with cutting-edge technology and industry-leading compliance and surveillance systems. Human judgment, scaled across its global technological infrastructure, makes SVI a leading provider of liquidity for investors in small and medium-sized public companies globally. In Canada alone, SVI trades approximately 18% of the total dollar value in TSX Venture Exchange-listed securities.
Established in 2011, the MSAC serves as a forum to discuss issues associated with market structure and marketplace operations. It also acts as a source of input and feedback for OSC staff to help facilitate the development of policy and rule-making initiatives that promote investor protection, fair and efficient capital markets and confidence in the capital markets.
Members are selected for their extensive knowledge of the Canadian capital markets and market structure, and their strong knowledge of the regulatory requirements in Canadian securities legislation.
Schlaepfer said:
“It is an honour to have been invited to sit on the MSAC. Open and frank dialogue between market participants and regulators is vital for effective regulation, and I look forward to contributing my own experience towards the committee’s discussions on market structure and operations.”
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