Richard Carleton

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Richard Carleton is a Canadian business executive who currently serves as the chief executive officer of the Canadian Securities Exchange (CSE). He was appointed to this position in July 2011, initially in an interim capacity, before assuming the role permanently in March 2012.
He is also a member of the board of directors of Blue Ocean Technologies, LLC. 
== Background ==
Carleton has extensive experience in the financial services industry, with a career spanning over three decades. Prior to his role at the CSE, he held various positions in the capital markets sector, including roles at major Canadian financial institutions and regulatory bodies.
Carleton's career began at the Toronto Stock Exchange, where he served as assistant general counsel from December 1988 to April 1996. He then progressed to the role of vice president of index and market data services at the same institution, a position he held until October 2000.
Following his tenure at the Toronto Stock Exchange, Carleton worked as a consultant for various companies in the financial services sector, including Standard & Poor's, the Investment Dealers Association of Canada, and the Canadian Trading and Quotation System Inc. He also had a brief stint as a consultant at Algorithmics, where he focused on developing risk data solutions.
=== Career at the Canadian Securities Exchange ===
Carleton joined CNSX Markets Inc., the operator of the Canadian Securities Exchange, in November 2005 as vice president. In June 2011, he was appointed as interim CEO, and in March 2012, he assumed the role of CEO permanently.
Under Carleton's leadership, the CSE has experienced significant growth and has positioned itself as an alternative stock exchange for entrepreneurs and emerging companies. The exchange has been particularly successful in attracting listings from the cannabis sector, contributing to its rapid expansion.
Carleton has been instrumental in developing the CSE's reputation as a disruptor in the Canadian marketplace, focusing on providing cost-effective listing options for companies and emphasizing the exchange's expertise in working with cannabis companies.
During his tenure, the CSE has achieved several milestones, including:
* Surpassing the 800-issuer mark in 2022
* Launching the CSE Composite Index in February 2015 as a broad indicator of market activity
* Establishing the CSE25 Index, a subset of the CSE Composite Index containing the securities of the twenty-five largest index companies by market capitalization
Carleton has been vocal about the challenges faced by the cannabis industry and the impact on CSE-listed companies. He has also addressed the competition from other Canadian exchanges and the complexities of attracting institutional investors for U.S. marijuana operators listed on the CSE.
== Education ==
Carleton holds a Bachelor of Arts degree in History from the University of Ottawa, which he obtained between 1978 and 1981. He furthered his education by earning a Bachelor of Laws (LLB) degree from the University of Toronto from 1982 to 1985.
== References ==	
Category:Exchange CEOs
Category:CEOs
Category:Canadian Securities Exchange
Category:Stock Exchanges
Category:Toronto Stock Exchange
Category:Toronto Stock Exchange - Former Employee
Category:Algorithmics
Category:Algorithmics - Former Employee