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www.canadianlawyermag.com 41 "There are often investor losses related to proceedings that we may bring," says Samuel. "In my view, it's an important initiative to consider IIROC 's role in returning those funds because there isn't an opportunity now to do that." The initia- tive is currently in the preliminary stages as the working group aims to create a program to collect funds and return them to individual investors. Samuel is also a member of IIROC's inaugural equity, diversity, and inclusion committee, which focuses on raising awareness through education and revamping policies. "I'm very aware of the importance of repre- sentation, and I like the idea of sharing my skills in a way that might be helpful to other people who look like me," she says. "If you really look after your customers and they really like you, they tend to refer you to other people" FAST FACTS: IIROC "As a regulator, we're always balancing the public interest concerns that may not necessarily be of significance in a private practice setting" Established as a non-profit corporation in 2008 through the consolidation of the Investment Dealers Association of Canada and Market Regulation Services Inc. Sets and enforces rules regarding the proficiency, business, and financial conduct of approximately 174 Canadian investment firms and more than 31,000 registered individuals Develops recommendations for new rules and guidance, as well as amendments to existing rules and guidance for regulated firms and marketplaces Oversees all debt and equity market activity in all Canadian equity marketplaces Operates on a cost-recovery basis, charging its dealer members an annual fee based on the firm's capital, number of investment advisors, trading activity, and revenues. Sylvia Samuel, IIROC