Risk Management and Crisis Response Blog Risk Management and Crisis Response Blog

U.S. Court Upholds Five-Year Limitation Period for SEC Disgorgement Remedies

The United States Court of Appeals for the Eleventh Circuit held in its late May judgment in SEC v. Graham that the five-year limitation period set...

Drug testing policies in the wake of Irving – Addressing legitimate safety concerns

Alcohol and drug abuse at the workplace can lead to significant health and safety incidents, particularly in dangerous work environments. To minimize...

OSC Announces Launch Date for its Whistleblower Program

In a much-anticipated announcement, the Ontario Securities Commission said on June 16th that it will officially launch its rewards-based...

The SEC Makes Another Huge Whistleblower Award

As the Ontario Securities Commission  (“OSC”) inches towards  unveiling  its version of  its American counterpart’s whistle blower...

JSOT-led Investigation Leads to Guilty Pleas and Sentences for Hospital Privacy Breach

In a matter that sees the intersection of securities regulation and the protection of personal information, the OSC last week announced that four...

When Should Corporations Disclose Regulatory Enforcement?

A Delaware judge dismissed a lawsuit on May 16 by Wal-Mart Stores Inc. shareholders who had alleged the corporation’s management had covered up...

CSA Consultation Paper: Proposals to Enhance the Obligations of Advisers, Dealers and Representatives toward their Clients

On April 28, 2016, the Canadian Securities Administrators (CSA) published a consultation paper seeking public comment on proposals to strengthen the...

Significant Developments in Whistleblower Payouts and Protections Continue to Attract Attention

Whistleblower protections and significant bounties paid to whistleblowers in the U.S. continue to make headlines, just as issuers in Canada brace for...

Feds Release Revised Draft of Legislation to Curtail Systemic Risk in Capital Markets

In the latest step toward establishing the Cooperative Capital Markets Regulatory Authority, the Department of Finance Canada has released a revised...

Whistleblower Incentive Programs Continue to Gain Traction as the U.S. CFTC Announces $10-million Payout

With the Ontario Securities Commission’s new incentive-based whistleblower program now on the horizon, recent awards under comparable whistleblower...