Lawrence E. Ritchie Lawrence E. Ritchie

OSC-FINTRAC MOU for information sharing

On December 3, 2020 the Ontario Securities Commission (OSC) and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced that...

Jurisdiction and tolling agreements with the SEC: Watching the Fowler Case through Canadian eyes

Regulatory investigations can be time consuming. Uncertainty surrounding ultimate outcomes is disruptive to the personal and business decision-making...

Canada’s deferred prosecution agreements: Still waiting for takeoff

Deferred prosecution agreements (DPAs) were introduced under Canadian law in September 2018 as part of a broader effort by the federal government to...

OSC seeks input on priorities for 2021-2022

The Ontario Securities Commission (“OSC”) recently issued its 2021-2022 Draft Statement of Priorities for comment (the “Draft...

Evolving capital markets regulatory enforcement

Even prior to the impacts of COVID-19, change was on the horizon for capital markets enforcement in 2020.

Key developments in white-collar defence

This year was marked by uncertainty and increased risk for businesses as a result of the COVID-19 pandemic.

Financial services regulation in 2020: Convergence, disruption and acceleration

The year 2020 can be divided into three phases: pre-COVID-19 pandemic; the initial COVID-19 phase which was marked by short-term emergency measures;...

Ontario Securities Commission awards over half a million dollars to three whistleblowers

Following a trend of rising whistleblower tips and awards, the Ontario Securities Commission (the “OSC”) recently sent another strong...

A new approach to deference? Quadrexx and appeals from the Ontario Securities Commission

In a recent decision, Quadrexx Hedge Capital Management Ltd v Ontario Securities Commission (the “Quadrexx Appeal”), the Ontario...

SEC enhances its whistleblower program to further incentivize tips

In what is described as an attempt to provide more clarity to whistleblowers and increase efficiency and transparency, on September 23, 2020, the...