rebecca a. cowdery

REBECCA A. COWDERY
Associée
T 416.367.6340
F 416.361.2548
Toronto
[email protected]
http://ca.linkedin.com/in/Rebec
caCowdery
Fonds communs de placement
Fonds d’actions de sociétés fermées, fonds spéculatifs
et fonds d’investissement alternatifs
Comités de gouvernance et comités spéciaux
Gestion des investissements
Réglementation et conformité des personnes inscrites (valeurs mobilières)
Formation / Admission au Barreau
EXECUTIVE SUMMARY
LLB, University of Alberta, 1982
Rebecca Cowdery is a partner in the Toronto office of Borden Ladner Gervais LLP.
Rebecca practises corporate, commercial and securities law, focusing on the
compliance, regulatory and governance issues facing participants in the investment
management industry, including fund managers, portfolio managers and dealers.
BA in Political Science, University of
Alberta, 1978
Ontario, 1986
Alberta, 1983
Activités professionnelles
Member (2006-11) NI 81-107 Fund
Governance Standing Committee,
Investment Funds Institute of Canada
(IFIC), Member (2004-06) Manager
Issues Committee, IFIC
Regular Participant, Regulatory and
Compliance Committees, Portfolio
Management Association of Canada.
Rebecca has over 25 years of experience in working with the investment management
industry as a lawyer and a regulator. Rebecca works with fund managers to establish
new products and to manage and administer funds in compliance with applicable
regulation. Among other things, she assists fund managers and independent review
committees to effectively implement and comply with fund governance regulations in
Canada. Rebecca also advises firms about effective implementation of the regulatory and compliance requirements for registrants mandated by the Canadian securities
regulators.
Rebecca joined BLG in November 2003, after nine years as a senior investment funds
regulator with the Ontario Securities Commission (OSC). Rebecca is a frequent
speaker and writer about topics of interest to the investment management industry.
Rebecca is also the Program Director of the BLG Adroit: Lean Project Management
initiative, which is a program designed to provide legal services to clients using Lean
Six Sigma principles.
Member of the board of directors of a
Canadian insurance company
Program Director, BLG Adroit: Lean
Project Management
REPRESENTATIVE WORK

Regularly consults with Canadian and international industry participants on a
wide range of governance, sales practices, marketing, private placement and
regulatory compliance matters.

Extensive experience in working with registrant firms to improve their
compliance systems, through, among other things, providing assistance in
preparing policies and procedures, advice in testing compliance systems,
conducting "mock" compliance audits and working with registrant firms to
respond appropriately to regulatory compliance audits and surveys.

Works with industry participants to obtain relief from regulatory requirements
through novel and practical exemption applications.
Activités communautaires
Past Participant, BLG Reads to Kids
Avocats | Agents de brevets et de marques de commerce
© 2017 Borden Ladner Gervais S.E.N.C.R.L., S.R.L. («BLG»). Tous droits réservés

Acts as regulatory counsel to the RESP Dealers Association of Canada (since
2008) and regularly participates in committees of the Portfolio Management
Association of Canada and The Investment Funds Institute of Canada.

Has recognized expertise in investment management public policy, regulation
and practice. Rebecca was at the forefront of all major investment fund
regulatory reform initiatives during her tenure at the OSC. Her responsibilities
while at the OSC included:

Leading the Canadian Securities Administrators policy projects to update and
reform mutual fund regulation. This work included creating and implementing
the national instruments dealing with mutual fund prospectus disclosure (81101), mutual fund operations and management (81-102), commodity pools (81104) and mutual fund sales practices (81-105).

Authoring, as principal author, the CSA concept proposal "Striking a New
Balance: A New Framework for Regulating Mutual Funds and their Managers"
and working after its publication in March 2002 to develop draft rules to
regulate fund governance.

Leading the Canadian Securities Administrators work to harmonize the
regulation of mutual funds and segregated funds.

Leading the Ontario, Alberta and British Columbia securities commissions work
to create and recognize the Mutual Fund Dealers Association of Canada as a
self-regulatory organization.

Serving as OSC's representative on the investment management committee of
the International Organization of Securities Commissions (IOSCO), a
committee of regulators of collective investment schemes in most of Europe,
North America, Brazil, Hong Kong, Japan and Australia.
PUBLICATIONS & PRESENTATIONS

Author/Editor, BLG's Investment Management Bulletins and Alerts published
by BLG's Investment Management Group, as well as BLG's Investment
Management Group's comments to the Canadian securities regulators on
securities regulatory initiatives. Organizer and regular participant in BLG's
Investment Management client educational seminars held in Toronto, Montreal,
Vancouver and Calgary.

Co-Chair and Speaker, Strategy Institute's annual Risk Management and
Compliance Readiness Strategies conferences for portfolio managers, 200312.

Member, Organizing Committee, and frequent facilitator, annual Northwind
Institute Investment Funds Invitational Forum (Langdon Hall), 2003-13.

Co-Chair and Speaker, Strategy Institute's annual Registrant Regulation
conferences (2012 and 2013).

Speaker, “New Obligations for Financial Advisors,” Client Insights, April 2013.

Speaker, “The Raging US Debate on the ‘Best Interest Standard’,” Client
Insights, March 2013.

Speaker, "What's Ahead for Mutual Funds," Securities Law Update 2012 Law
Society of Upper Canada, November 2012.

Panel Participant, "Key Regulatory Issues and CSA Priorities," 2012 Annual
Avocats | Agents de brevets et de marques de commerce
© 2017 Borden Ladner Gervais S.E.N.C.R.L., S.R.L. («BLG»). Tous droits réservés
Conference, The Investment Funds Institute of Canada, October 2012.

Speaker, "Registrant Compliance: The New Normal – Being Review Ready,"
First Annual Compliance Forum – Portfolio Management Association of
Canada, September 2012 (with Prema Thiele).

Speaker, "Sorting out the ‘Client Relationship Model': What will have to be
prepared, when and by whom," the FundSERV Exchange, September 2012.

Moderator, "Cross-Border Issues for Canadian/U.S. Broker-Dealers and
Advisers," Ontario-New York Legal Summit, March 2012.

Panellist, "Monitoring Sub-Advisers and Recent OSC Notice," 7th Annual
Continuing Education Seminar for IRCs Independent Review Inc., May 2011.
RANKINGS & RECOGNITIONS

Recognized in the 2016 edition of The Lexpert®/American Lawyer Guide to the
Leading 500 Lawyers in Canada (Investment Funds).

Selected by peers for inclusion in the 2016 edition (and since 2008) of The
Best Lawyers in Canada® (Mutual Funds Law).

Recognized by The Best Lawyers in Canada® as the 2012 Toronto Mutual
Funds Law Lawyer of the Year.

Recognized in the 2015, 2014 and 2013 editions of Lexpert®/American Lawyer
Guide to the Leading 500 Lawyers in Canada (Investment Funds & Asset
Management).

Recognized in the 2015, 2014 and 2013 editions of The Canadian Legal
Lexpert® Directory (Investment Funds & Asset Management).
À PROPOS DE BORDEN LADNER GERVAIS S.E.N.C.R.L., S.R.L
Borden Ladner Gervais S.E.N.C.R.L., S.R.L. (BLG) est un grand cabinet juridique canadien
qui offre à ses clients une gamme complète de services, principalement en droit des affaires, litige commercial et arbitrage ainsi que propriété intellectuelle. BLG est l’un des
premiers cabinets juridiques en importance au pays; il compte plus de 725 avocats,
agents de propriété intellectuelle et autres professionnels dans 5 grandes villes du Canada. BLG répond aux besoins de ses clients, que ce soit en matière de litige, de financement ou d’enregistrement de brevets et de marques de commerce.
Avocats | Agents de brevets et de marques de commerce
© 2017 Borden Ladner Gervais S.E.N.C.R.L., S.R.L. («BLG»). Tous droits réservés