ArticleMFDA Releases Strategic Plan Through 2014The Mutual Fund Dealers Association of Canada (MFDA) has released a new strategic plan for the period through 2014.CanadaFinance and BankingStikeman Elliott LLP
ArticleNERA Releases Update On Canadian Securities Class ActionsNERA Economic Consulting yesterday released an update on the number and value of securities class action claims in Canada. CanadaFinance and BankingStikeman Elliott LLP
ArticleOSC, ASC And BCSC Ink Supervisory MOU Deals With Bank Of England And FCAThe OSC today announced that it had, along with the ASC and BCSC, entered into Memoranda of Understanding with the Bank of England and the U.K. Financial Conduct Authority regarding mutual assistance in the supervision and oversight of regulated entities that operate in both the U.K. and the participating Canadian jurisdictions. CanadaFinance and BankingStikeman Elliott LLP
ArticleOSC "Cracking Down" On Insider TradingAccording to an article in today's Globe and Mail, the OSC has been "widening the net" as it investigates potential cases of insider trading in advance of major corporate deals and announcements.CanadaFinance and BankingStikeman Elliott LLP
ArticleOSC Requests Comment On TMX AcquisitionThe Ontario Securities Commission today issued a notice and request for comment related to the proposed acquisition by the Maple Group Inc. of TMX Group, Alpha Trading Systems Limited Partnership and Alpha Trading Systems Inc., the Canadian Depository for Securities Limited and, indirectly, CDS Clearing and Depository Services Inc. CanadaFinance and BankingStikeman Elliott LLP
ArticleReminder: Ontario Capital Markets Participation Fees For Unregistered IFMS Due Within 90 Days Of Their Year EndA reminder to unregistered investment fund managers (UIFMs) that the annual capital markets participation fee (CM participation fee) applicable only in Ontario is due within 90 days of a UIFM’s year end.CanadaFinance and BankingStikeman Elliott LLP
ArticleSEC Eliminates Credit Ratings Criteria For Companies Using Short Form RegistrationOn July 26, the U.S. SEC adopted new rules intended to reduce the reliance on credit ratings for regulatory purposes by removing such ratings from the eligibility criteria for issuers seeking to register securities offerings using "short form" registration. CanadaFinance and BankingStikeman Elliott LLP
ArticleSEC Issues Guidance On Amended Accredited Investor Net Worth StandardAs we discussed in a post earlier this year, the U.S. SEC recently adopted an amended "accredited investor" net worth standard that excludes the value of an individual's primary residence.CanadaFinance and BankingStikeman Elliott LLP
ArticleSEC Releases 2011 Report On Whistleblower Bounty ProgramThe U.S. Securities and Exchange Commission recently released its 2011 annual report on the whistleblower bounty program adopted earlier this year.CanadaFinance and BankingStikeman Elliott LLP
ArticleSecurities Regulators Sign MOU With Bank Of Canada To Promote Efficient Clearing And Settlement SystemsThe OSC, BCSC, AMF and Bank of Canada entered into a Memorandum of Understanding to promote the safety and efficiency of clearing and settlement systems.CanadaFinance and BankingStikeman Elliott LLP
ArticleTSX And TSX-V Now Using Harmonized PIF And DeclarationOn September 9, the Toronto Stock Exchange announced the adoption of amendments to its Company Manual to create a harmonized Personal Information Form and a harmonized Declaration to be used by it and the TSX Venture Exchange.CanadaFinance and BankingStikeman Elliott LLP
PodcastViews from the Market Podcast: Episode 88 – The Midmarket At Mid-Year: How 2023 Is Shaping Up (Podcast)Today's podcast guest is Jordan Fish of Blair Franklin, an M&A advisory practice with 20 years of Canadian midmarket experience. He and Mario discuss the state of the market...CanadaFinance and BankingStikeman Elliott LLP
ArticleCanada's New Electronic Travel Authorization Program - UpdateThe Government of Canada is extending the leniency period for the Electronic Travel Authorization (eTA) until November 9, 2016, which will provide more time for travellers and airlines to prepare.CanadaImmigrationStikeman Elliott LLP
ArticlePatent Abstracts Must Be Made Available In Both Official LanguagesFrédéric Picard brought an application in the Federal Court under subsection 77(1) of the "Official Languages Act" (Act) against the Canadian Intellectual Property Office and the Commissioner of Patents claiming that patents and patent applications must be bilingual to meet the requirements of the legislation. CanadaIntellectual PropertyStikeman Elliott LLP
ArticleRussian Sanctions ExpandedThe Canadian government announced expanded Russian sanctions yesterday, notably tightening the existing prohibition against providing loans to designated entities.CanadaInternational LawStikeman Elliott LLP
ArticleViews From The Market Podcast: Episode 76 – Canadian Companies In The World: The View From OttawaThis week's podcast looks at the potential of Canada's corporate midmarket from the perspective of government. Mario's guest, the Hon. Mary Ng, is Canada's Minister of International Trade...CanadaInternational LawStikeman Elliott LLP
ArticleOntario Superior Court Of Justice Releases Class Action Trial DecisionAfter hearing 138 days of evidence, Justice Lax released a 222 page decision dismissing the class action.CanadaLitigation, Mediation & ArbitrationStikeman Elliott LLP
PodcastInformed Consent In The Cookie Jar: When To Use Cookie Banners On Websites In Canada (Podcast)In this episode, David, Danielle and Rachel discuss website cookies, the privacy laws in Canada that apply to using cookies, and when businesses should include a cookie banner on their websites.CanadaPrivacyStikeman Elliott LLP
ArticleSEC Issues Cybersecurity Guidance For Registered Investment Advisers And FundsThe SEC identified several measures, in light of recent cyber-attacks on financial services firms, that funds and advisers may wish to consider in addressing cybersecurity risks, including...CanadaPrivacyStikeman Elliott LLP