Me Louis Morisset has served as President and CEO of the Autorité des marchés financiers (“AMF”) since July 2013.
In this capacity, Me Morisset is vested with all the powers relating to the administration and enforcement of the laws governing Québec financial sector participants. He oversees, in particular, the development of a regulatory and normative framework to ensure investor protection and promote the sound growth of the financial sector.
As part of his duties, Me Morisset is actively involved in several national and international regulator bodies related to the AMF’s areas of activity. Since April 2015, at the national level, Me Morisset has chaired the Canadian Securities Administrators (CSA) This link will open in a new window, the council of the securities regulators of Canada’s provinces and territories. In this role, he works to improve, co-ordinate and harmonize the regulation of the Canadian capital markets. At the international level, Me Morisset represents the AMF, in particular, on the board of the International Organization of Securities Commissions (IOSCO) This link will open in a new window and has contributed significantly to IOSCO initiatives over the past several years.
To foster exchanges with stakeholders regarding the AMF’s regulatory activities, Me Morisset regularly takes part in forums on broad public policy issues related to the financial sector. He is frequently invited as speaker to share his views on market regulatory matters.
From May 2006 until his appointment as President and CEO, Me Morisset held the position of AMF Superintendent, Securities Markets. In that position, he was, in particular, responsible for enforcing the regulations pertaining to public offerings by companies and mutual funds, the continuous disclosures that these entities are required to file, as well as take-over bids and issuer bids. He was also in charge of supervising the Québec activities of market structures such as exchanges and clearing houses and was responsible for monitoring the activities of the Investment Industry Regulatory Organization of Canada (IIROC).
Me Morisset has been a member of the board of directors of the Institute for governance of private and public organizations (IGOPP) since 2009, Finance Montréal since 2010 and the Collège des administrateurs de sociétés (CAS) since 2013. From May 2007 to March 2014, he was also a member of the Accounting Standards Oversight Council (AcSOC).
Me Morisset graduated in law from the University of Montréal and was called to the Bar of the Province of Québec in 1996. Prior to joining the AMF, he was a partner at the law firm Stikeman Elliott LLP, where he acquired extensive experience in securities law, corporate finance, and public and private mergers and acquisitions.
Me Morisset is a certified corporate director, having completed the university corporate governance certification program at Laval University’s Collège des administrateurs de sociétés.