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The Canadian securities law rule that requires certification of public company annual and interim filings has been amended to give CEOs and CFOs extra time to certify their company’s internal control over financial reporting.

The Law Society of Upper Canada v Abbott, 2017 ONCA 525, holds that delay in initiating investigatory and disciplinary proceedings does not necessarily justify a reduction in sanction.

In a contest between two innocent creditors over the proceeds of shares credited to an investment account which were traceable to fraudulently obtained funds, the Supreme Court of Canada held in favour of the Bank of Montreal ("BMO"), a secured creditor.

In R. v. 1137749 Ontario Ltd. (operating as Pro-Teck Electric) 2018 ONCJ 502, an appellate court lifted the corporate veil and imposed total fines of $430,000 ...

On February 28, the Alberta Securities Commission proposed the repeal of Blanket Order 91-503, which currently exempts most over-the-counter derivatives from the definition of "futures contract" under the Alberta Securities Act and, thus, exempts such OTC derivatives from regulation as "securities".

On February 28, the Alberta Securities Commission proposed the repeal of Blanket Order 91-503, which currently exempts most over-the-counter derivatives from the definition of "futures contract" under the Alberta Securities Act and, thus, exempts such OTC derivatives from regulation as "securities".

Earlier this month, the Ontario Securities Commission, Quebec's Autorité des marchés financiers, the Alberta Securities Commission and the British Columbia Securities Commission announced the signing of a memorandum of understanding with the Australia Securities and Investments Commission.

The Canadian Securities Administrators (CSA) have issued proposed changes to the rules on the marketing of prospectus offerings.

This has been an interesting and exciting year.

On May 20, the OSC published a request for comment on proposed amendments to the CDS Rules that would require participants to withdraw securities from the CDSX system in uncertificated format where the issuer offers a direct registration system.

What has been completely overlooked in all the battling over the issue of a national securities regulator is how the dealers and persons who actually distribute and trade in securities on behalf of retail, corporate and institutional investors are regulated.

The Court of Appeal for Ontario has overturned a decision that we wrote about in May 2021: Court Sets Aside Power of Sale Transfer to Good Faith Buyer.

The CSA announced last week that it is adopting amendments to complete the first phase of its project to modernize the product regulation of publicly offered investment funds.

On November 14, 2008, the Canadian Securities Administrators published CSA Staff Notice 31-309 to provide an update on the status of proposed National Instrument 31-103 Registration Requirements.

The Canadian Securities Administrators yesterday released an updated version of Staff Notice 81-320, first published on October 8, 2010, regarding the adoption of IFRS by investment funds (as defined in securities legislation and subject to National Instrument 81-106 Investment Fund Continuous Disclosure) in Canada.

Earlier this week, all CSA members except the OSC issued blanket orders to provide interim relief from the new restrictions on registration exemptions for international dealers and international advisers found in the July 2011 amendments to NI 31-103.

The Canadian Securities Administrators have published proposed amendments to National Instrument 45-106 Prospectus Exemptions (NI 45-106) ...