With current market conditions and a low interest rate environment creating sustainability-related concerns for sponsors of defined benefit (“DB…
WSIB and OCEU complete first-ever SEPP to JSPP conversion in Canada
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 …
Ontario court won’t approve class action settlement without detailed evidence supporting interests of the class
Judges asked to approve class action settlements must determine whether that settlement is in the “best interests of the class.” The …
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 Statem…
SEC announces first charges against a public company for misleading investors about the financial effects of the pandemic
On Friday, December 4, 2020, the Securities and Exchange Commission announced in a press release that it had settled charges against The Cheesecake Fa…
Transit-oriented communities: The future of city life in Ontario?
Cities across the world have successfully implemented the transit-oriented development (TOD) strategy as a way to intensify their urban centres and to…
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 sign…
Bill 213: Possible relief from asset transfer procedures, IPPs free at last, and demystifying the successor pension plan regime
On October 6, 2020, the Ontario government introduced in the legislature Bill 213, Better for People, Smarter for Business Act, 2020. Billed …
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 …
