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U.S. authorities release guidance on potential sanction violations for facilitating ransomware payments

Increasingly, companies may find themselves at the mercy of cyber-pirates and other hackers who, through improper means, seize control of information...

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...

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...

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...

Ninth Circuit holds that whistleblower allegations qualify as corrective disclosure in securities class action

In re Bofl Holding, Inc. Securities Litigation, a decision released on October 8, 2020, the U.S. Court of Appeals for the Ninth Circuit (the...

Part 2 of 2: Less than 2 months for employers to prepare for the new Federal Regulations on Workplace Harassment and Violence – Changes effective January 1, 2021

As explained in Part 1 of this series, the federal government’s new Workplace Harassment and Violence Prevention Regulations (the Regulations)...

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”)...

U.S. regulators assert broad jurisdiction over offshore cryptocurrency trading platforms

Recent actions filed in early October 2020 by the U.S. Department of Justice (the “DOJ”) and the Commodity Futures Trading Commission...