A group of underwriters that were named as defendants in the ongoing Sino-Forest class action have reached a settlement agreement with the investor plaintiffs.

For many new entrants, gathering enough funds for a down payment is a huge accomplishment - and a first rite of passage into the real estate market.

On July 4, the Investment Industry Regulatory Organization of Canada published proposed guidance on the guarantee by a Participant (dealer) of a trade price for a client order.

Later this afternoon, the Investment Industry Regulatory Organization of Canada (IIROC) will be posting on its website a recorded webcast considering the Canadian and U.S. perspectives on fiduciary standards and the differences between such a standard and the suitability standard.

In growing their businesses Canadian banks need to be conscientious in their activities.

Canada and Switzerland have entered into an agreement which will commence in 2018 for the automatic exchange of information.

On April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled in the House of Commons the Liberal Government's first federal budget in more than two years, A Recovery Plan for...

On October 2, 2015, the U.S. Internal Revenue Service (IRS) announced the exchange of financial account information with certain foreign tax administrations in compliance with their obligations...

What additional work is required before the remaining US dollar LIBOR tenors cease or potentially become non-representative after June 2023.

Last week, Alpha ATS LP announced plans to introduce two new order designations, intended to reduce instances of unintentional locked or crossed markets and trades at worse prices than available on other marketplaces by providing price protection for directed action orders.

As we summarized in a recent Financial Services & Insolvency Communiqué, Saskatchewan has introduced Bill 151 (the Bill) which amends The Personal Property Security Act, 1993 (Saskatchewan).

The Autorité des marchés financiers has proposed changes to some of its fees impacting registrants in the Province of Québec. Some fees would be reduced, such as registration fees applicable to investment dealers...

Last week, the Alberta Securities Commission proposed amendments to various national instruments.

We are delighted to welcome Ruoxi Cai as a Lawyer to AUM Law. Ruoxi's practice focuses on securities law, specifically regulatory compliance for registrants. Before joining AUM Law in 2023...

In-house counsel often ask us whether they should require a probated Will before releasing assets or cash to the executor of a deceased customer.

As the November 1 – 15, 2024 window for registration of payment services providers ("PSPs") approaches, the Bank of Canada (the "Bank") has published guidance for PSPs determining...

The conditions had been set to expire on December 31, 2014.

Omnibus financial legislation introduced by the Quebec government on November 10, 2010 includes technical amendments to Quebec's derivatives legislation, as well as provisions intended to improve the oversight of persons authorized to market a derivative and to strengthen the process of authorization of the marketing of the product.

The federal government today introduced Bill C-45, the Jobs and Growth Act, 2012, with the intention of implementing its 2012 budget.

The MFDA released reasons for decisions in relation to a settlement agreement reached in connection with incomplete and blank pre-signed forms.