A Look Back At 2015: A Big Year In Canadian Securities Law Developments

It was a busy year for Canadian securities regulators and market participants. Significant developments impacted virtually every area of securities law from M&A to corporate finance to continuous disclosure to registrant regulation and derivatives.

We have recapped some of the principal developments and some of our more popular posts here:

• In March, the Canadian Securities Administrators (CSA) published their eagerly anticipated proposed amendments to the Canadian take-over bid regime.
• The private placement rules were significantly revamped through a number of developments throughout the year including with significant amendments to the accredited investor and minimum amount prospectus exemptions.  In addition, the existing security holder exemption, the Ontario  friends, family and business associates exemption and the rights offering exemption were each introduced this year.  It was also announced that the OM exemption and the crowdfunding