The Canadian Securities Administrators (CSA) is pausing its work on climate-related and diversity-related disclosure rules in order “to support Canadian markets and issuers as they adapt to the recent developments in the U.S....more
Canadian securities regulators recently implemented three blanket orders introducing exemptions intended to reduce friction for capital raising. Key among these improvements is an exemption that eliminates the requirement for...more
4/22/2025
/ Canada ,
Capital Markets ,
Disclosure Requirements ,
Filing Requirements ,
Financial Statements ,
Initial Public Offering (IPO) ,
Investment ,
Prospectus ,
Regulatory Reform ,
Regulatory Requirements ,
Securities Regulation
The Ontario Capital Markets Tribunal (Tribunal) recently dismissed enforcement proceedings brought against several respondents by the Ontario Securities Commission (Commission) in Cormark Securities Inc (Re). The Commission...more
11/12/2024
/ Canada ,
Canadian Free Trade Agreement (CFTA) ,
Capital Markets ,
Financial Services Industry ,
Illegal Activity ,
Ontario ,
Ontario Securities Commission (OSC) ,
Private Placements ,
Prospectus ,
Public Interest ,
Restricted Stocks ,
Securities Regulation ,
Short Sales ,
Tribunals
In a positive development since our earlier bulletin, the U.S. House and Senate have decided to retain the exemptions from obligations imposed under section 16 of the Securities Exchange Act of 1934 that are relied upon by...more
Buried in the National Defense Authorization Act for Fiscal Year 2024, which the U.S. Senate passed earlier this year, is a provision that, if enacted, will eliminate exemptions relied upon by insiders of dual-listed Canadian...more
11/1/2023
/ Canada ,
Disclosure Requirements ,
Disgorgement ,
Electronic Disclosure ,
Foreign Issuers ,
Foreign Private Issuers ,
NDAA ,
Proposed Legislation ,
Reporting Requirements ,
Securities Exchange Act ,
Short Sales ,
Short-Swing Trading