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.
BLG and AUM Law Expand Investment Management Expertise
AUM Law and Borden Ladner Gervais LLP (BLG) are delighted to welcome Bill Donegan to AUM Law as senior compliance consultant.
CFR Requirements Reminder
A number of new regulatory requirements regarding conflicts of interest, including referral arrangements, come into effect on June 30....
Titles, Titles and More Titles – Notice of Changes and Request for Further Comment on Financial Professionals Title Protection Rule
On May 11, 2021, the Financial Services Regulatory Authority of Ontario (“FSRA”) proposed for a second time Rule 2020-001 Financial...
All Together Now – OSC Joins DSC Ban
On May 7 the Ontario Securities Commission (OSC) announced that it will join in on the ban on deferred sales charge (DSC) sales of mutual...
BLG Transaction – New Beginnings
As announced on May 6, all of us here at AUM Law are thrilled about our new relationship with Borden Ladner Gervais LLP (“BLG”). The...
BLG acquires AUM Law, shifting the legal landscape in Canada
Deal Provides Investment Industry with Flexible, Innovative Approach to Manage Risk Toronto, ON – May 6, 2021 – AUM Law today announced...
FINTRAC Publishes Guidance on Politically Exposed Persons and Heads of International Organizations
In February 2021, FINTRAC updated its guidance on politically exposed persons (PEP) and heads of international organizations (HIO), as...
AUM Law Speaks at PMAC Conference
On May 12, AUM Law’s Chris Tooley will participate as a speaker at the Portfolio Management Association of Canada (PMAC) Spring Regulatory...
CSA Publishes Guidance on Crypto-Asset Trading Platforms
On March 29, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC, and...
Alberta Eliminates Director Residency Requirements
On March 29, 2021, Bill 22, Red Tape Reduction Implementation Act, 2020, was proclaimed into force in Alberta. As a result, an Alberta...
Alberta and Saskatchewan Adopt the Self-Certified Investor Prospectus Exemption
On March 31, 2021, the Alberta Securities Commission and the Financial and Consumer Affairs Authority of Saskatchewan adopted, on an...
CSA Multilateral Notice and Request for Comment re Proposed Order 45-539 Small Business Financing
The Alberta Securities Commission and the Financial and Consumer Affairs Authority of Saskatchewan have proposed a new prospectus...
ASC Notice and Request for Comment re Blanket Order 31-536 Alberta Small Business Finder’s Exemption
The Alberta Securities Commission is continuing to explore unique exemptions to revitalize Alberta’s capital markets and assist small...
Regulatory Penalties in British Columbia Not Discharged Through Bankruptcy
The Supreme Court of British Columbia has confirmed that monetary penalties and disgorgement orders from regulatory proceedings are exempt...
Lawsuit Against Ontario Securities Commission Can Proceed
On March 18, 2021, the Court of Appeal for Ontario ruled that a malicious prosecution lawsuit against the Ontario Securities Commission...
Expansion of Ontario Securities Commission’s Mandate
In January 2021, the Capital Markets Modernization Taskforce published its final report after completing its review of the status of...