Letter from the Editor
By: Cora Pettipas
As the beautiful summer weather ends and our kids/grandkids commence school, it is natural to think of self-development. That is what this issue of the Exempt Edge is focused on: professional development. Professional development both as an industry, and as individuals working in various roles.
Christophe Voegeli wrote a brilliant article on how we measure product valuations, and communicate that to clients. Peter Kinkaide wrote a practise focused article on what an EMD should do when there is a material change with an issuer. Rod Burylo passionately speaks about professional development for DRs, and Craig Burrows mirrors that sentiment in his article, but for the role of the EMD firm. Our cover article speaks of self-improvement, as investor Helen Hamilton speaks of her journey to independent wealth aided by alternative investments. We hope you enjoy all the articles from the thought leaders in our industry.
These are key times in our industry. It is the time we can prove that our industry is a great place for more businesses to attain financing and for investors who are building their wealth. However, with this opportunity comes responsibility. We need to continue to constantly improve and develop, and learn from our own mistakes as an industry, and the mistakes of areas of the capital markets that evolved before us.
It is very exciting to be a part of the fastest growing part of the capital markets. We are all a part of something very vital to the future of the Canadian economy, as it suffers the potential blows of globalization. Our market can help fund the next idea, the next innovation.
Most importantly, how we conduct ourselves, work with regulators, and build credibility in our market will shape its future. NEMA is working hard to do this by continuing to have a dialogue with the regulators, and other key decision makers for our industry. For our 2014/2015 board of directors, we have picked industry leaders that exemplify positive action and results.
Our committees have also ramped up for another year. We currently have four working groups: the Due Diligence, CCO, Education and Advisor committees. They all have exciting new mandates for this year based on membership feedback about what are the most important industry issues to tackle.
This fall, we will be at numerous events and speaking engagements.
We recently attended both WAISC Niagara and Pro Seminars conference in Las Vegas and hope to see you in Vancouver on November 12 for WAISC West.
We thank all our members and readers for the overwhelming positive feedback we receive on this publication. Specifically, I would like to thank our Graphic Designer, Jenelle Miller, who has been with us for over two years, and nine (of our ten) issues of this magazine. She will be moving on, but we have appreciated the work she has done in building the visuals that represent the spirit of our market so well, both in the magazine, and on the websites. We wish Jenelle the best of luck in her new endeavours.
As we wait with bated breath on the OSC’s four new prospectus exemptions, I encourage discussions (with us and others) on what we want to look like as an industry, how we want to develop, and how we can better serve investors and entrepreneurs.
The future of this industry is in our hands; as this is our industry, our voice, our future.