How Can We Help You?
Our legal and regulatory compliance Solutions
Are you planning to start, acquire or grow an asset management business? Do you have questions about whether your business needs to be registered with Canadian securities regulators or about you and your firm’s ongoing obligations under Canadian securities laws? Are you planning to launch a private or public investment vehicle or do you need legal or regulatory compliance advice about its operations? Are you looking to leverage your existing team by outsourcing some general counsel or compliance functions to a law firm that understands your business? AUM Law has the expertise, experience and connections to help you efficiently navigate Canada’s securities regulatory landscape.
- Registration / licensing of firms and individuals
- Compliance documentation including compliance manuals
- Ongoing registrant obligations, including know-your-client (KYC), know-your-product (KYP), suitability and conflicts of interest rules
- Compliance training
- Compliance risk assessments (aka “mock audits”)
- Assistance with implementing the Client-Focused Reforms (CFRs) to National Instrument 31-103 (including regulatory gap analyses, developing implementation plans, updating compliance documentation and customer-facing documents, and training)
- NRD and other regulatory filings
- Assistance in completing the Ontario Securities Commission's 2020 Risk Assessment Questionnaire (RAQ)
- Assistance with regulatory audits and other regulatory examinations
- Exemptive relief applications and interpretations of securities law
- Registrant misconduct matters
- Formation of public and private, pooled investment vehicles
- Establishment and acquisition of asset management businesses
- Drafting prospectus, offering memoranda, terms sheets and other investor disclosure documents
- Ongoing support for investment fund managers, portfolio managers and dealers
- Exemptive relief applications and interpretations of securities law
- SEDAR, SEDI and exempt trade report filings
- Private placements
- Formation and organization of business entities including corporations, medical professional corporations (MPCs), veterinary professional corporations (VPCs), limited and general partnerships, and trusts
- Mergers, acquisitions and restructurings
- Material business agreements
- Due diligence
- Custody and maintenance of minute books and corporate record books
- Corporate governance and compliance
- Organization of board of directors and shareholder meetings
Our Approach
AUM Law offers practical, cost-effective legal and regulatory compliance advice from a team that prioritizes your business and understands your industry. We focus on the Canadian asset management sector, and we have deep expertise in the legal and regulatory issues relevant to firms operating in Canada’s exempt and public capital markets.
Our team-based approach, fixed-fee compliance support plans, extensive experience engaging with securities regulators, and connections with other service providers in this industry will help you navigate the evolving securities regulatory environment with confidence so that you can focus on what you do best.
Latest Insights and News
Bulletin | Roll up Your Sleeves Edition | September 2020
The regulators have been busy, so it’s time to roll up our sleeves and get to work. In this month’s bulletin, we discuss the OSC’s annual registrant report card, the CSA’s new FAQ guidance on the CFRs, proposed changes to the offering memorandum exemption and much more.
PMAC Fall Regulatory and Compliance Webcast – September 24
AUM Law is a proud sponsor of the Fall Regulatory and Compliance Webcast organized by the Portfolio Management Association of Canada (PMAC) on September 24. Click here to register for the event. We hope to (virtually) see you there and don’t forget to drop into our...
OSC Issues Interim Prospectus and Registration Exemptions to Facilitate Crowdfunding
In our February 2020 bulletin, we reported on proposed National Instrument 45-110 Start-up Crowdfunding and Registration Exemptions (NI 45-110), which is intended to create a nationally harmonized regime. The comment period for that proposal ended on July 13. On July...
How does a registered firm’s UDP certify their firm’s 2020 RAQ responses if the UDP doesn’t have online access to the survey?
As we mentioned in our May 2020 bulletin, Ontario-registered firms must submit online their 2020 Risk Assessment Questionnaire (RAQ) responses and supplementary COVID-19 survey responses to the Ontario Securities Commission (OSC) by August 6. The OSC introduced...