Hannah Davis

Capital Markets Tribunal highlights importance of precision in requests for additional disclosure

Ontario’s Capital Markets Tribunal recently denied a respondent’s request for additional disclosure from OSC Staff regarding an alleged...

Ontario Superior Court provides guidance on the bribery offence under the CFPOA

Enforcement proceedings under Canada’s Corruption of Foreign Public Officials Act have been relatively infrequent. A recent Ontario decision...

OSC’s Whistleblower Program has awarded over $9.33 million since 2016

The Ontario Securities Commission announced that tips from whistleblowers have resulted in $48 million in sanctions and payments since introducing...

U.S. judge questions the silencing provisions of no-admit-no-deny settlements with the SEC

Under a no-admit-no-deny settlement provision, parties usually agree that they won’t make any statements, public or otherwise, that are...

Ransomware sentence indicative of cross-border cooperation in enforcement of white-collar crimes

A United States court recently sentenced a Canadian citizen to 20 years in prison for his participation in the NetWalker ransomware attacks. The case...

Securities Commission confirms statutory confidentiality provisions apply to Staff and witnesses

An Ontario Securities Commission hearing panel recently found that Staff improperly disclosed confidential witness testimony. Does this signal a...

Tools of the trade: OSC criminal and quasi-criminal charges result in jail terms for convicted securities fraudsters

With several tools at their disposal, Canadian securities regulators are showing their willingness to safeguard their capital markets however they...