Insights
We strive to make our publications timely, useful, and digestible for the executive managers in the asset management industry. We take pride in a good pun or apt music reference.
The articles on our website aren’t intended as a complete statement of the law or an opinion any matter. Please read our Privacy Policy to learn more.
Bulletin | Ice Cream Edition | July 2024
We hope you find these summaries helpful to avoid potential regulatory headaches. Read our latest bulletin here.
Important Reminder: FINTRAC’s New Suspicious Transaction Reporting Requirements
As all registrants know, reporting entities including advisers and dealers are required to report suspicious transactions for money...
Important Reminder: Total Cost Reporting
Many registrants received a reminder earlier this month from the securities regulatory authorities that the enhanced cost disclosure...
New Time-Limited Expansion of Permitted EMD Activities
On June 20, 2024, Canadian securities regulators from Ontario, Québec, British Columbia, Saskatchewan, Alberta and Nova Scotia announced...
Consultation on Total Cost Reporting for Segregated Funds
On May 27, 2024, the Financial Services Regulatory Authority of Ontario (FSRA) launched a public consultation on its new proposed rules...
2023 Annual Report of OSC’s Investor Advisory Panel: Staying Safe
Earlier this month, the Ontario Securities Commission’s Investor Advisory Panel (the Panel) released its annual report. The Panel is an...
CIRO Releases Results of First Investor Survey
Early this month, the Office of the Investor at the Canadian Investment Regulatory Organization (CIRO) released the results of its first...
Important Reminder: Rules of the Road: OM Update Requirements
As you may recall reading in our earlier bulletin articles, amendments to National Instrument 45-106 Prospectus Exemptions (NI 45-106)...
OSC Releases Hot Strategic Plan for 2024-2030
Earlier this month, the Ontario Securities Commission (OSC) released its 6-year strategic plan. The plan sets out the OSC’s new mandate,...
Supporting Early-Stage Ontario Businesses
The Ontario Securities Commission (OSC) has announced a number of time-limited exemptions from the dealer registration requirements to...
Did CRM2 Work?
On April 25, 2024, the Canadian Securities Administrators (CSA) published two research reports that examined how the implementation of the...
Disclosure – Is it Clear and Conspicuous Enough?
The type and use of promotions for securities has long been scrutinized and regulated. For example, in 2021, the British Columbia...
Annual OSFI Risk Outlook
Earlier this month, the Office of the Superintendent of Financial Institutions (OSFI) released its annual risk outlook for 2024 to 2025....
Consumer Protections: FSRA Panel Releases Report
The Consumer Advisory Panel (Panel) to the Financial Services Regulatory Authority of Ontario (FSRA) provides advice from a consumer...
CIRO’s Proposed Integrated Fee Model
On April 25, 2024, the Canadian Investment Regulatory Organization (CIRO) proposed a new integrated fee model for investment dealers and...
Important Reminder: RAQ Due June 19
Registrants in Ontario must complete the 2024 Risk Assessment Questionnaire in the next few weeks and submit it through the Ontario...