Focus On

Investor rights group FAIR Canada names new executive director

Monday, August 24, 2020 @ 12:32 PM | By John Chunn

The board of directors of FAIR Canada announced the appointment of Jean-Paul Bureaud as executive director of FAIR Canada.

FAIR Canada is a national, independent charitable organization dedicated to the advancement of the rights of investors and financial consumers in Canada.

According to FAIR Canada’s press release, Bureaud brings a thorough understanding of regulation both in Canada and internationally. He has spent over 20 years developing a thorough knowledge of regulatory requirements, building relationships with key stakeholders and understanding how to navigate the public policy and standard-setting process. Recently he has been working with the World Bank as a financial sector expert helping countries raise their regulatory standards.

Bureaud said he welcomes the challenges ahead. “FAIR Canada has always played a critical role in ensuring there is a strong, informed voice for Canadian investors. With the current economic situation, efforts to modernize securities laws and focus on regulatory burden reduction, it has never been more important for there to be a clear voice for the average investor. I look forward to leading FAIR Canada in continuing to be a catalyst for change and to working with our stakeholders and partners to enhance investor’s rights.”

FAIR Canada’s board commended Ermanno Pascutto for his work and commitment to FAIR Canada since founding the organization in 2008. The board said it was grateful for Pascutto’s willingness to return as the executive director on an interim basis from March 2019 to ensure the continuity of the organization and to continue its work.

“I look forward to FAIR Canada’s continued work to raise the profile of important investor protection issues and ensure that Canadian financial markets serve investors as well as the corporations that use them. I wish [Bureaud] and FAIR Canada much success,” said Pascutto.