May 30, 2024 | Regulatory Compliance
The type and use of promotions for securities has long been scrutinized and regulated. For example, in 2021, the British Columbia Securities Commission (BCSC) released for comment Proposed BCI 51-519 Promotional Activity Disclosure Requirements, which set out a...
Dec 21, 2023 | Investment Funds, Regulatory Compliance
If you haven’t yet turned your mind to your annual exempt trade reports for investment fund issuers, now is the time. As noted in last month’s bulletin, investment funds relying on specified prospectus exemptions under National Instrument 45-106 Prospectus Exemptions...
Feb 28, 2023 | Regulatory Compliance
The Ontario Securities Commission (OSC) has issued two temporary exemptions from late fees that would otherwise be levied in connection with reporting certain registration information, for filings made between February 13, 2023, and before April 3, 2023. The pithy...
Oct 31, 2022 | Regulatory Compliance
A friendly reminder that registered firms in Ontario and foreign firms that rely on certain exemptions from the registration requirements are required to pay annual capital markets fees in Ontario for 2022. The fee forms used to calculate these capital market...
Nov 30, 2021 | Corporate Finance, Investment Funds, Regulatory Compliance
In the previous issue of our bulletin, we provided a high level report on the new draft Capital Markets Act (Act) released by the Ontario Ministry of Finance (Finance) on October 12, 2021. In this issue, we highlight some of the provisions of the Act, together with...
Nov 30, 2021 | Regulatory Compliance
We assist many businesses that are obtaining registration as an exempt market dealer, adviser and/or investment fund manager for the first time. Often, those seeking registration for their start-up businesses have engaged in other types of activities prior to...
Nov 30, 2021 | Regulatory Compliance
As we noted in last month’s bulletin, Form 13-502F4 – Capital Markets Participation Fee Calculation is due to be filed with the OSC by registrants no later than December 1, 2021. This requirement applies to firms in Ontario registered under the Securities Act,...
Oct 29, 2021 | Regulatory Compliance
Form 13-502F4 – Capital Markets Participation Fee Calculation is due to be filed with the OSC no later than December 1, 2021. This requirement applies to firms in Ontario registered under the Securities Act or firms registered under both the Securities Act and the...
Apr 30, 2021 | Investment Funds, Regulatory Compliance
On March 18, 2021, the Court of Appeal for Ontario ruled that a malicious prosecution lawsuit against the Ontario Securities Commission and three of its employees can proceed. One of the appellants in the case, Mr. Sam Qin, and various entities he controlled, were...