Lipi Mishra Lipi Mishra

Expanded enforcement powers: is CIRO now exercising ‘statutory’ powers?

Recent statutory amendments have expanded the Canadian Investment Regulatory Organization’s (CIRO) enforcement toolkit.

Beyond borders: government grants itself powerful access to data, reduced oversight

Bill C-2 has far-reaching implications for both businesses operating in Canada and civil liberties.

Navigating AI systems in capital markets: recent guidance from the CSA

The CSA issued a Staff Notice earlier this month providing guidance on the application of securities legislation to AI systems in capital markets.

Two years of CIRO: enforcement, harmonization and what’s next

The Canadian Investment Regulatory Organization’s core priorities will be enforcement and regulatory harmonization.

CIRO publishes proposals to level the advisor compensation playing field

Earlier this year, the Canadian Investment Regulatory Organization published a consultation paper outlining policy options that would help to level...

Canada’s new Online Harms Act (C-63): what you need to know

The Government of Canada introduced its long-anticipated online harms legislation, Bill C-63, on February 26. We look at the key duties the bill...

What cloud platforms, social media sites and other ‘Internet intermediaries’ need to know about B.C.’s new Intimate Images Protection Act and Regulation

On January 29, 2024, the Intimate Images Protection Act (the Act) and Intimate Images Protection Regulation (the Regulation) will come into force in...

More complaints and more investigations: highlights from CIRO’s inaugural Enforcement Report

The Canadian Investment Regulatory Organization released a report on its enforcement activities for its first year of operations. Lawrence Ritchie,...

Ontario court refuses to exclude U.S. shareholders from class: the ‘day of reckoning’ had not yet dawned

The Ontario Superior Court certified a global class in a securities class action against a Toronto-based company, even though U.S. shareholders who...

The perils of evidentiary ‘Jenga towers’ in securities class actions

In a series of securities class action decisions issued in 2022, Ontario courts provided useful guidance on elements of the statutory cause of action...