Martha Rafuse

Martha brings more than two decades of securities regulatory experience across the financial industry, private practice, and government.

Martha’s demonstrated leadership experience spans Canada’s premier wealth management and investment advisory businesses, where she led large compliance teams for both Canadian and U.S. firms. Before joining North Star Legal, she led the Royal Mutual Funds Compliance team at RBC, overseeing a group of 25 compliance professionals and lawyers responsible for legal and regulatory compliance, client complaint oversight, business advisory support, trade surveillance, and risk management. Earlier at RBC, Martha was the chief compliance officer for RBC Phillips, Hager & North Investment Counsel Inc., and led compliance policy for RBC Dominion Securities Inc. (Retail) and RBC Private Client USA.

Earlier, Martha was Legal Counsel at the Ontario Securities Commission, where she developed legal solutions for novel regulatory issues and led significant policy initiatives, including National Instrument 31-103, in collaboration with industry and regulatory partners. Having started her career in private practice for several years on Bay Street, Martha has the benefit of a wide breadth of legal experience.

Martha holds an LL.B. from Osgoode Hall Law School, an LL.M. from the London School of Economics, and a B.A. from Western University.

She is valued for her relationship-focused, detail-oriented, and strategic approach to regulatory work. Martha is committed to helping clients resolve their legal and compliance challenges with clarity and confidence so they can focus on operating their businesses effectively.

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