ArticleScott Bomhof Hosts TMA PodcastCorporate Restructuring and Advisory partner Scott Bomhof hosted the latest episode of the Turnaround Management Association's Toronto Chapter podcast. CanadaFinance and BankingTorys
ArticleSEC Adopts Say-On-Pay RulesYesterday, the SEC announced that it was adopting rule amendments that would require issuers to conduct: (i) a shareholder advisory vote to approve the compensation of executives at least once every three calendar years beginning with the first annual shareholders' meeting taking place on or after January 21, 2011; (ii) a shareholder advisory vote on the frequency of executive compensation votes at least once every six calendar years; and (iii) a shareholder advisory vote on golden parachute arrCanadaFinance and BankingStikeman Elliott LLP
ArticleSEC Limits Policy Regarding Non-Public Submissions From Foreign Private IssuersOn December 8, the U.S. SEC released a statement regarding non-public submissions of initial registration statements by foreign private issuers. CanadaFinance and BankingStikeman Elliott LLP
ArticleSEC Postpones Auditor Attestation For Smaller Public CompaniesThe 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 BankingTorys
ArticleSEC Proposes Disclosure Rules For Resource Extraction IssuersThe 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 BankingStikeman Elliott LLP
ArticleSEC Requests Comments On Use Of Derivatives By Investment CompaniesOn August 31, the U.S. Securities and Exchange Commission issued a concept release on the use of derivatives by mutual funds and other investment companies registered under the Investment Company Act of 1940. CanadaFinance and BankingStikeman Elliott LLP
ArticleSecurities Regulators Approve Changes To Marketplace Trading ObligationsAs 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 BankingStikeman Elliott LLP
ArticleSecurities Regulators Sign MOU With Gibraltar Financial Services CommissionManagers of alternative investment funds involved in cross border operations and activities in the European Union and Canada should take note that a supervisory Memorandum of Understanding ...CanadaFinance and BankingStikeman Elliott LLP
ArticleSecuritization Is Back!Mark Twain on reading his obituary is known to have said "the reports of my death are greatly exaggerated". The same holds true about the securitization industry in 2008.CanadaFinance and BankingCassels
ArticleShooting For The Stars – FSRA Proposes To Eliminate DSCs For Segregated FundsOn November 25, the Financial Services Regulatory Authority of Ontario proposed amendments to the existing Unfair or Deceptive Acts or Practices Rule.CanadaFinance and BankingBorden Ladner Gervais LLP
ArticleSIGMA X Canada Ceases OperationsAccording to an IIROC notice issued last week, SIGMA X Canada ceased operations as of the end of trading on April 27, 2012. CanadaFinance and BankingStikeman Elliott LLP
ArticleSupreme Court Finds Federal Government Out Of Bounds With National Regulator ProposalThe Supreme Court of Canada ruled today that the proposed Canadian Securities Act is outside the jurisdiction of the federal Parliament.CanadaFinance and BankingStikeman Elliott LLP
ArticleSupreme Court Hears Cheque Fraud CaseOn February 24, the Supreme Court of Canada heard the appeal in Teva Canada Inc. v. Bank of Montreal. The appeal concerns who bears the loss for cheques payable to fictitious or non-existing payees, which were fraudulently issued by an employee.CanadaFinance and BankingBorden Ladner Gervais LLP
ArticleThe Division Of PropertyDavis LLP's Grace Choi has published a feature article in the July 2013 issue of STEP Journal, the official magazine of the Society of Trust and Estate Practitioners.CanadaFinance and BankingDLA Piper
ArticleThe International Comparative Legal Guide to Securitisation 2015 Edition; Chapter 11: CanadaIn the Canada overview, Michael and Jim provide insights into the country's securitisation issues, from trade conventions to consumer protection regulation.CanadaFinance and BankingTorys
ArticleThe Investment Funds Practitioner Published For April 2015The Investment Funds and Structured Products Branch of the Ontario Securities Commission today released the April 2015 issue of The Investment Funds Practitioner...CanadaFinance and BankingStikeman Elliott LLP
VideoThe Latest Trends in Acquisition Financing (Video)Serge Levy and Howard Rosenoff from our Banking & Finance Group discuss the latest trends in acquisition financing, both from a lender's perspective and a borrower's perspectiveCanadaFinance and BankingStikeman Elliott LLP
ArticleThe Legal Industry Reviews Canada - REITs ChapterStephen Pincus, Brenda Gosselin, and Bill Gorman have co-authored The Benefits of Canada - Cross Border and Foreign REITs in the third edition of The Legal Reviews Canada.CanadaFinance and BankingGoodmans LLP
ArticleThe Legal Industry Reviews Edition 5 - REITs ChapterStephen Pincus, Brenda Gosselin, and Bill Gorman have co-authored The Canadian REIT Structure in the fifth edition of The Legal Industry Reviews Canada.CanadaFinance and BankingGoodmans LLP
ArticleThe Registration Rules BookBLG’s Investment Management Group is pleased to share its Registration Rules Book, a compilation of the most commonly used national and multilateral instruments and policies affecting registered financial services firms and individuals.CanadaFinance and BankingBorden Ladner Gervais LLP