Securities Regulatory

The OSC’s new proposal to distribute funds from disgorgement orders to harmed investors

The Ontario Securities Commission (OSC) has published proposed rules that outline the procedure the OSC and harmed investors must follow for the...

‘Deal with this escape hatch’ — B.C. Securities Commission calls for bankruptcy law reform following Supreme Court of Canada decision

The Supreme Court of Canada’s recent decision in Poonian v. British Columbia has prompted the B.C. Securities Commission to call for bankruptcy law...

Supreme Court of Canada decision impacts Securities Commissions’ ability to collect from bankrupt transgressors

On July 31, 2024, the Supreme Court of Canada ruled on whether financial sanctions imposed by securities regulators are dischargeable through...

Brar: contempt proceedings against uncooperative witnesses by the B.C. Securities Commission are constitutional

The British Columbia Court of Appeal has affirmed that the power of the province’s Securities Commission to compel evidence from witnesses and,...

ESG and shareholder activism: key tips for issuers

Shareholder activism is on the rise in Canada. Investors are closely monitoring environmental, social and governance (ESG) related disclosure,...

Canadian Securities Administrators implement access model for prospectuses

The Canadian Securities Administrators are implementing an access equals delivery model for prospectus delivery in Canada.

CSA and CIRO review comments but come to no conclusion (yet) on short selling regulatory regime

The Canadian Securities Administrators and the Canadian Investment Regulatory Organization have released stakeholder comments and responses solicited...

B.C. Securities Commission program offers monetary awards for whistleblowing

The British Columbia Securities Commission has introduced a new Whistleblower Program to incentivize future whistleblowers to come forward by...

Streamlining enforcement of minor infractions: the British Columbia Securities Commission’s ‘traffic ticket’ style mechanism

On April 26, 2023, the B.C. Securities Commission (the BCSC) introduced its newest mechanism for levying administrative monetary penalties without a...

PIPE Transactions in Canada

This guide provides a high-level overview of private investments in Canadian public equities (PIPE), including common areas of negotiation, strategic...