Capital Markets Capital Markets

ASC clarifies expectations relating to production disclosure by oil and gas issuers

In its annual Oil and Gas Review published on December 23, 2019, the Alberta Securities Commission (ASC) highlighted concerns related to production...

Key developments in capital markets regulatory and white-collar defence

The year was marked by regulatory, legislative and political activity that significantly impacted the white-collar and capital markets regulatory...

Less is more: SEC works to simplify disclosure and other U.S. developments

In March, the SEC took steps to modernize and simplify the disclosure requirements for registration statements and periodic reports, with new rules...

SEC proposes amendments to proxy rules applying to proxy advisory firms

In November 2019, the U.S. Securities and Exchange Commission (SEC) issued proposed amendments to its proxy rules to regulate certain of the...

FINTRAC updates guidance regarding identity verification methods permitted under amendments to anti-money laundering and anti-terrorist financing regulations

Updated FINTRAC guidance on identity verification indicates that reporting entities are expected to use software or other technological tools to...

OSC issues anticipated Report on the Burden Reduction Task Force

The OSC issued its Report on the work of the Burden Reduction Task Force, in which it outlined the work undertaken by the OSC and the Task Force and...

“Testing the waters” before a public offering of securities: Navigating the rules, without getting all wet

Since 2012, the traditional rules have been changing. The ability to test the waters before an IPO is now part of the legal landscape in both the...

SEC issues guidance regarding activities of proxy advisory firms

Last week, the SEC issued guidance that voting advice communications from proxy advisory firms are generally solicitations subject to SEC antifraud...

Listing in the REIN: Cruel and unusual punishment under the Charter?

Does the automatic listing in the Register of enterprises ineligible for public contracts constitute cruel and unusual punishment within the meaning...