Insights
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Bulletin | FIFA World Cup Edition | November 2022
This month to help end the year with on a winning note, please read the final articles of this year from the AUM team. We wish all our readers happy holidays, along with an excellent World Cup experience!
AUM Law Team Member Announcements
We are delighted to announce that Chris Tooley has been promoted to Senior Legal Counsel at AUM Law. We have benefited greatly from his...
Getting More for Less – OSC Proposes Amendments to Fee Rule
As the capital markets continue to evolve, the Ontario Securities Commission (the OSC) and its regulatory priorities have to change with...
Third Time Lucky? The Latest on the CSA’s Derivatives Business Conduct Rule
On January 20, the Canadian Securities Administrators (the CSA) published CSA Notice and Third Request for Comments on Derivatives...
The CSA Proposes Modernizing Prospectus Filings for Investment Funds
On January 27, the Canadian Securities Administrators (the CSA) published CSA Notice and Request for Comment – Proposed Amendments to...
Wrapped, Tied and Tangled – OSC Consultation on Tied Selling and Other Anti-Competitive Practices in the Capital Markets
On November 19, 2021, the Honourable Peter Bethlenfalvy, Minister of Finance of Ontario, requested that the Ontario Securities Commission...
Chim Cher-ee – OSC Product Review Sweep on the Restriction of Sales of Third-Party Investment Products
Related to OSC Staff Notice 33-753 OSC Consultation on Tied Selling and Other Anti-Competitive Practices in the Capital Markets, on...
My Name Is: Some Slim News on Not-so Shady Titles
As reported in our November 2021 Bulletin, the CSA’s rules on titles for registered individuals who interact with clients changed...
Changes to the Outside Business Activities (OBAs) Framework
On December 16, 2021, the Canadian Securities Administrators (the CSA) announced that amendments to legislation clarifying the “Outside...
CSA Publishes Amendments to the Rules on Oversight of Foreign Audit Firms Performing Audits of Canadian Public Issuers
On January 13, 2022, the Canadian Securities Administrators (the CSA) published CSA Notice of Publication – Amendments to National...
CSA Releases New Guidance for Funds on ESG-Related Disclosure
On January 19, 2022, the Canadian Securities Administrators (the CSA) released Staff Notice 81-334 ESG-Related Investment Fund Disclosure,...
Nothing to Complain About – Regulators Propose Additional Amendments Regarding Complaint-Handling Procedures
Regulators continue to review best practices relating to complaint-handling procedures. On January 13, the Investment Industry Regulatory...
Blowing the Whistle – FCAC Consults on Proposed Whistleblower Guidelines
While not directly impacting all registrants, it is interesting to note that the Financial Consumer Agency of Canada (the FCAC) is...
CSA’s Proposed Investor Advisory Panel
The CSA released Staff Notice and Request for Comment 11-343 Proposal to Establish a CSA Investor Advisory Panel, to obtain the views of...
Bulletin | Winter is Here Edition | November 2021
In this bulletin: Ontario’s New Draft Capital Markets Act – Topics of Interest to Registrants Déjà vu – Titles, Titles and More Titles –...
Ontario’s New Draft Capital Markets Act – Topics of Interest to Registrants
In the previous issue of our bulletin, we provided a high level report on the new draft Capital Markets Act (Act) released by the Ontario...