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  • Article

    SEC Postpones Auditor Attestation For Smaller Public Companies

    The SEC has granted an extension for smaller public companies to comply with the auditor attestation requirement under section 404 of the Sarbanes-Oxley Act of 2002.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    SEC Proposes Disclosure Rules For Resource Extraction Issuers

    The U.S. SEC proposed rules last week that would require domestic and foreign issuers that must file annual reports with the SEC and that engage in the commercial development of oil, natural gas, or minerals, to disclose certain payments made to the U.S. and foreign governments.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
Article

Securities Regulators Approve Changes To Marketplace Trading Obligations

As we discussed in April 2010, the Investment Industry Regulatory Organization of Canada proposed amendments to UMIR last year that would, among other things, replace the definition of "Market Maker Obligations" with a definition of "Marketplace Trading Obligations" and make various other changes to odd lot and marketplace trading obligations.
CanadaFinance and Banking
Stikeman Elliott LLP
Stikeman Elliott LLP
  • Article

    SIGMA X Canada Ceases Operations

    According to an IIROC notice issued last week, SIGMA X Canada ceased operations as of the end of trading on April 27, 2012.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Supreme Court Finds Federal Government Out Of Bounds With National Regulator Proposal

    The Supreme Court of Canada ruled today that the proposed Canadian Securities Act is outside the jurisdiction of the federal Parliament.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    TMX Select To Begin Trading July 11

    As we discussed in October, the TMX Group announced last year that it intended to begin operating a new alternative trading system (ATS) in 2011.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    TSX Issues Guidance Regarding When Effective Decrease In Conversion Price Of Convertible Securities Will Be Considered New Private Placement

    On August 8, the Toronto Stock Exchange issued guidance stating that it considers any arrangement or agreement that decreases the effective conversion price of a previously issued convertible security to be subject to section 610(c) of the TSX Company Manual.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    TSX Proposes New Listing Category For Resources Companies; Broader Application Of Insider Participation Aggregation And Tightening Of 2% Limit On Compensation Arrangements Used As Employment Inducements

    The Toronto Stock Exchange today released proposed changes to its Company Manual for public comment that would, among other things, create a new subcategory for oil and gas issuers in the development stage.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    TSX Proposes Prioritizing Dark Orders With Minimum Size Conditions

    Earlier this month, the TSX released proposed amendments to its Rules that would allow dark orders with a minimum size condition to have trading priority over dark orders without such a condition, as long as the dark orders were at the same price.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    TSX Seeks To Strengthen Market Making System

    Last week, the Toronto Stock Exchange announced that it had approved amendments to its rules to assist TSX market makers in light of the emergence of multiple marketplaces and an increasingly electronic trading environment.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Working Group Releases Paper on Incorporation of Individual Representatives of Dealers and Advisers

    On December 20, 2010, a provincial/territorial government working group released a consultation paper to elicit feedback on potential options respecting the incorporation of individual sales representatives of registered dealers and advisers.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    178(1)(d) Of BIA And Breach Of Trust

    Paralegal held liable because she allowed a mortgage transaction to be completed after the proposed mortgagor had sold the property to a numbered company.
    CanadaInsolvency/Bankruptcy/Re-Structuring
    Speigel Nichols Fox LLP
    Speigel Nichols Fox LLP
  • Video

    Does Contributing Less To A Home Make Me Less Liable? (Video)

    Barrie real estate lawyer Laura Rosati explains how unequal ownership, tenancy in common, joint tenancy and lender requirements can affect Ontario homebuyers. She also discusses why the ownership structure shown on title may not change each borrower’s mortgage liability.
    CanadaReal Estate and Construction
    Devry Smith Frank LLP
    Devry Smith Frank LLP
  • Article

    IIROC Publishes Circuit Breaker Levels For Q1 2011

    The Investment Industry Regulatory Organization of Canada (IIROC) today published Notice 11-0001 relating to securities trading halts in coordination with the application of 'circuit breakers' on U.S. markets.
    CanadaStrategy
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    IIROC Publishes Fourth Quarter 2010 Circuit Breaker Levels

    Earlier this month, the Investment Industry Regulatory Organization of Canada (IIROC) published Notice 10-00259 relating to securities trading halts in coordination with the application of 'circuit breakers' on U.S. markets.
    CanadaStrategy
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    2004 Ontario Budget: Limited Liability Legislation for Income Funds

    The 2004 Ontario budget, announced today, confirms that the Ontario government will propose technical legislation to clarify that investors in publicly traded trusts will not be liable for the activities of the trust. This is consistent with the announcement included as part of the <I>2003 Ontario Economic Outlook and Fiscal Review</I> released on December 17, 2003 by Finance Minister Greg Sorbara
    CanadaWealth Management
    Goodmans LLP
    Goodmans LLP
  • Article

    IIROC Provides Guidance On Seeking UMIR Exemptions

    On January 27, the Investment Industry Regulatory Organization of Canada (IIROC) issued guidance with respect to the process to be followed by dealers, users and subscribers seeking to obtain an interpretation of, or exemption from, a provision of UMIR.
    CanadaCorporate/Commercial Law
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    Canadian Securities Regulators Decide Not To Overhaul Corporate Governance Regime

    Canada’s securities regulators have decided not to proceed with the overhaul of our corporate governance regime proposed last December.
    CanadaFinance and Banking
    Torys
    Torys
  • Article

    CSA Provide Update On Modernization Of Publicly Offered Investment Funds Regulation

    The Canadian Securities Administrators published a notice yesterday providing an update on the project to modernize investment fund product regulation.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Article

    CSA Release Amendments To Registration Instrument

    The Canadian Securities Administrators (CSA) today published its final version of amendments to NI 31-103 Registration Requirements and Exemptions.
    CanadaFinance and Banking
    Stikeman Elliott LLP
    Stikeman Elliott LLP
  • Showing 101–120 of 2180 results

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