Gilles Leclerc has held the position of Superintendent, Securities Markets since September 2013. As such, he oversees the development, elaboration and implementation of strategic regulatory initiatives governing capital markets, derivatives and market structures. He also has overall responsibility for the application in Québec of securities regulatory requirements governing capital raising, disclosure by issuers and investment funds, take-over bids, governance, the creation and distribution of derivative instruments, and the oversight of regulated entities operating in Québec such as stock exchanges and clearing houses.

Teams under his supervision and leadership are actively involved in the elaboration, development and implementation of most of the significant securities regulatory initiatives in Canada. Illustrative examples include the regulatory reform on defensive tactics to unsolicited take-over bids, the regulatory framework applicable to proxy advisory firms and equity crowdfunding, the current proposal to discontinue embedded commissions for mutual funds, the development of the regulatory framework governing unlisted derivatives and the reporting of derivative transactions to trade repositories, and the enhanced regulatory supervision of market structures requested by the G20 following the financial crisis.

Prior to joining the AMF in September 2012 as Senior Director, Corporate Finance, Mr. Leclerc was a senior corporate partner in the Montréal office of the law firm Fasken Martineau, where his practice focused on the areas of securities law, corporate law and M&A.

Mr. Leclerc is a member of the Barreau du Québec and is a graduate of the Université Laval and the University of Toronto Faculties of Law. Mr Leclerc holds both Canadian and French citizenships.