Nov 30, 2022 | Regulatory Compliance
A few impending filing deadlines that we thought would be helpful to note from past bulletins for your reference: December 1 (yes, December 1) is the deadline for registrants in Ontario and foreign firms that rely on certain exemptions from the registration...
Oct 31, 2022 | Investment Funds, Regulatory Compliance
On October 14, 2022, the Compliance and Registrant Regulation (CRR) Branch of the Ontario Securities Commission (OSC) published its annual summary report in OSC Staff Notice 33-754 Summary Report for Dealers, Advisers and Investment Fund Managers (the Report). The...
Oct 31, 2022 | Regulatory Compliance
As we also described in our June bulletin, it is expected that it may take some firms a significant amount of time to amend an individual registrant’s Form 33-109F4 to update any “other activities” as required by amendments to National Instrument 33-109 Registration...
Jun 30, 2022 | Investment Funds, News, Regulatory Compliance
As referenced in our article above, the amendments to National Instrument 33-109 Registration Information (NI 33-109) are now in force. As a result, any changes required to be made to an individual registrant’s Form 33-109F4 must be done no later than June 6, 2023....
Mar 31, 2022 | Regulatory Compliance
Think way, way back to our January 2022 bulletin, where we wrote about the final changes to the Outside Business Activities (OBA) framework, effective as of June 6, 2022. Two months have just flown by, and so will the time between now and June. The amendments to...
Nov 30, 2021 | Client-Focused Reforms (CFRs), Featured, Investment Funds, Regulatory Compliance
In this bulletin: Ontario’s New Draft Capital Markets Act – Topics of Interest to Registrants Déjà vu – Titles, Titles and More Titles – Proposed Amendments to Draft FSRA Guidance In Brief: FSRA Consults on Consumer Advisory Panel ▪ Independent Evaluation of OBSI ▪...
Nov 30, 2021 | Client-Focused Reforms (CFRs), Regulatory Compliance
As previously mentioned in our bulletins, as part of the client-focused reforms to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations, a new prohibition on misleading communications will apply as of the end of the year....
Sep 30, 2021 | Regulatory Compliance
We would like to remind our clients of a few items to consider with respect to their NRD filing obligations, so that filings are made (and approved) as quickly as possible. When filing a new individual registration on Form 33-109F4 – Registration of Individuals and...
Jun 30, 2021 | Regulatory Compliance
A recent settlement between an Alberta-based registrant and the Investment Industry Regulatory Organization of Canada (IIROC) presents a sharp reminder to all registrants about the importance of keeping their OBAs up to date. In a June 4, 2021 settlement with IIROC,...
Mar 31, 2021 | Featured, Nutshell Series
On February 4, 2021, the Canadian Securities Administrators (CSA) published for comment Proposed Amendments to NI 33-109 and Related Instruments – Modernizing Registration Information Requirements, Clarifying Outside Activity Reporting & Updating Filing Deadlines...
Feb 26, 2021 | Regulatory Compliance
On February 4, the Canadian Securities Administrators (CSA) released a number of proposed changes to certain initial and ongoing regulatory reporting requirements for registrants. The CSA is inviting comments on these proposals by May 5. Some of the highlights of...
