Capital Markets Regulatory Enforcement Capital Markets Regulatory Enforcement

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...

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...

U.S. securities law developments in 2020

In 2020, the Securities and Exchange Commission (SEC) continued to focus on streamlining and modernizing disclosure requirements and expanding access...

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.

IIROC Rules: Respondent use of complainant interview in related proceeding is in the public interest

In Re Malic, 2020 IIROC 37, a decision released on October 6, 2020, the IIROC Hearing Panel (Alberta District) (the “Hearing Panel”)...

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...

Who decides whether responding to summons would violate employment contract? The OSC says ‘not us’

Enforcement Staff of Canadian capital markets regulators have broad powers to compel the attendance of witnesses and to require those witnesses to...

Osler comments on Capital Markets Modernization Taskforce consultation report

On September 7, 2020, in a comprehensive letter to the Government of Ontario Capital Markets Modernization Taskforce, we expressed our views on the...