Insights
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Bulletin | Daylight Saving Time Debate Edition | March 2022
this month in our bulletin we report on updates from FSRA on proposed new licencing requirements for mortgage agents and brokers, FSRA’s final title protection rules, IIROC’s compliance priorities report and more below.
CSA Publishes More FAQ Guidance on the Client-Focused Reforms
On September 28, the Canadian Securities Administrators (CSA) published guidance in the form of responses to frequently asked questions...
Ontario’s Capital Markets Modernization Taskforce Releases Final Report
In our July 2020 Bulletin we reported on the Consultation Report of Ontario’s Capital Markets Modernization Taskforce. On January 22, the...
AUM Law Speaks at Client Focused Reforms and the KYP Webinar
On February 2, AUM Law’s Richard Roskies will participate as a speaker at the InvestorCOM webinar, to discuss Client Focused Reforms and...
AUM Law Participates in CAASA Webinar
As a proud member of the Canadian Association of Alternative Strategies and Assets (CAASA), AUM Law is pleased to contribute to CAASA’s...
CSA Publishes Guidance on Automatic Securities Disposition Plans
On December 10, the Canadian Securities Administrators published guidance (including “recommended best practices”) for issuers and...
OSC Publishes Report on Exempt Market Activity
On December 10, the OSC published a report on recent capital raising activity in the exempt market by corporate (i.e., non investment-fund...
MFDA and IIROC Publish Proposed CFR Rules
The Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) have both...
Activist Short Selling
On December 3, the Canadian Securities Administrators (CSA) published Consultation Paper 25-403 Activist Short Selling “to facilitate...
OSC Publishes Final Amendments Regarding Syndicated Mortgages
On December 7, the Ontario Securities Commission (OSC) released the final amendments to OSC Rule 45-501 Ontario Prospectus and...
FAIR Funding
In some welcome news for investor advocates, the OSC recently announced that it will provide $3.75 million to FAIR Canada (FAIR), a...
Tipster Trio Shares OSC Whistleblower Payout
On November 17, the Ontario Securities Commission (OSC) announced that it has awarded a total of $585,000 to three whistleblowers, each of...
OSC to Leave Fees Alone for Now
On November 12, the Ontario Securities Commission (OSC) published OSC Notice 13-708 whereby it informed market participants that after...
OSC Research Study Offers Suggestions to Help Investment Industry Get Trusted Contact Person Information from Clients
Earlier this year, the Canadian Securities Administrators proposed amendments that will require registrants to take reasonable steps to...
OSC Proposes Elimination of Routine Exemptive Relief Applications for International Firms
Welcome news for International Firms! Currently, certain international firms doing business in Ontario in reliance on statutory...
Government Introduces Bill Proposing Significant Changes to Federal Privacy Legislation
The Government of Canada has big plans for privacy protection in Canada. It has proposed the Digital Charter Implementation Act, which is...