The suspense is over – the votes have been tallied and the High Park Zoo’s capybara babies have been named Alex, Geddy and Neil, after legendary rock band and proclaimed AUM Law favorite, Rush. Geddy Lee gave “thanks to all who voted to give us this special honour,” adding “by the way, which one is me? In the picture I saw none of them were wearing glasses.”

The babies’ parents, the infamous capybaras Bonnie and Clyde, became media sensations last May when they escaped the High Park Zoo and evaded capture for weeks, sparking bigfoot-like sightings and searches.

Unfortunately, reporting financial institutions will not be able to escape or evade the new CRS reporting requirements as of July 1st. We will look at this and many other developments in this month’s AUM Law Bulletin.

In this bulletin:

In Brief: OSC Roundtable on Discontinuing Embedded Commissions ●  No Contest – Another OSC Settlement ● Final CASL Reminder

  1. Are You Ready For CRS?
  2. Changing Expectations of Ontario Securities Commission for Fund-of-Fund Relief
  3. Reports of Exempt Distribution: Fine Tuning the Fine Print or More?
  4. What Are the Prohibited Investment Rules?
  5. Restrictive Covenants in Employment Contracts – How Restrictive is Too Restrictive?
  6. Quebec Complaint Reporting System filing due July 30, 2017

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Click the link to access our bulletin summarizing these recent developments. >>  AUM Law Bulletin – And The Winner Is… – June 2017