Capital Markets Capital Markets

Canadian Securities Administrators implement access model for prospectuses

The Canadian Securities Administrators are implementing an access equals delivery model for prospectus delivery in Canada.

Capital markets enforcement: innovative, and controversial, new directions

There were a number of intersecting trends in the capital markets regulatory and enforcement landscape in 2023. These trends can serve as a window...

CSA releases its first consolidated ‘Year in Review’

A recent Canadian Securities Administrators report tracks the progress provincial and federal regulators have made on their strategic goals. We look...

CSA publish final derivatives business conduct rule

The Canadian Securities Administrators has published a final derivatives business conduct rule.

Canadian securities regulators propose permanent WKSI program

The Canadian Securities Administrators have announced proposed amendments to implement a permanent expedited shelf prospectus regime for...

Amendments to British Columbia’s Securities Act grant BCSC new powers

On July 17, 2023, legislative amendments to British Columbia’s Securities Act, targeted at “modernizing” the statute and improving...

Streamlining enforcement of minor infractions: the British Columbia Securities Commission’s ‘traffic ticket’ style mechanism

On April 26, 2023, the B.C. Securities Commission introduced its newest mechanism for levying administrative monetary penalties without a hearing for...

CIRO outlines first steps in bulletin on priorities for FY2024

Having closed the transaction which saw the amalgamation of Canada’s two self-regulatory organizations effective January 1, 2023, the Canadian...

Ontario Court of Appeal provides guidance on the meaning of ‘material change’ under the Securities Act

What constitutes a “material change” requiring disclosure under the Ontario Securities Act? Two companion decisions from the Ontario Court of...