Late last week, the U.S. Securities and Exchange Commission filed a complaint regarding a program that allowed retail clients to earn interest on cert…
SEC continues enforcement campaign against crypto market participants
Has the American judiciary closed the door on SEC administrative courts?
A decision from the Fifth Circuit Court in the United States found that the Securities and Exchange Commission’s in-house courts deprive individuals o…
Canadian Securities Administrators to expand regulatory requirements for crypto trading platforms
On December 12, 2022, the Canadian Securities Administrators announced that “following recent events in the crypto market” they would stre…
Class action prevails over arbitration in Pokornik v. SkipTheDishes
A recent Manitoba court decision illustrates that courts will permit class actions to proceed in the face of “after the fact” arbitration …
Identifying the real intruder – ONCA defines the scope of the tort of intrusion upon seclusion
The Court of Appeal for Ontario assesses the use of the tort of intrusion upon seclusion relating to personal information in the context of a cyberatt…
Ontario proposes amendments to requirements under the Excess Soil Regulation for Ontario’s construction sites
The Ontario Ministry of the Environment, Conservation and Parks recently announced amendments to the Excess Soil Regulation designed to make the Regul…
Canadian securities regulators issue warning about crypto trading
On November 21, 2022, the Canadian Securities Administrators (the CSA) issued a warning to investors about elevated risks of trading crypto assets. Th…
Québec Court of Appeal rules on consequence of voluntary disclosure of privileged information made to law enforcement in the context of an investigation
On October 17, 2022, the Québec Court of Appeal in Centre universitaire de santé McGill c. Lemay (Lemay) held that the voluntar…
Recalls can be preferable to class action proceedings
In Coles v. FCA Canada Inc., 2022 ONSC 5575, the Court recently denied certification of a proposed product liability class action on the basi…
New crypto guidance for federally regulated entities
On November 16, 2022, a joint statement was released to federally …
