Lawrence E. Ritchie

Larry is recognized as one of the leading securities litigators and white collar defence practitioners in Canada. His practice includes the defence of class actions as well as capital markets enforcement and regulatory investigations and related proceedings. In addition, his practice has included advising on numerous pension and financial sector matters. Larry appeared at all levels of courts in Canada, including the Supreme Court of Canada, and numerous administrative tribunals.

Larry ‘s expertise is recognized by a number of professional ranking organizations including Chambers, Lexpert, Best Lawyers in Canada, Benchmark and Martindale-Hubbell.

He returned to Osler in 2014 after a seven-year term as Vice-Chair of the Ontario Securities Commission, which included a secondment to the Canadian Securities Transition Office as its Executive Vice-President and Senior Policy Advisor.

At the OSC, Larry was a member of the Commission, its board of directors and the executive management and adjudicative committees. He chaired adjudicative panels that heard and decided enforcement and transaction related proceedings, regulatory policy matters and appeals of decisions of OSC staff and recognized self-regulatory organizations and acted as executive sponsor for the development of a number of important securities policies and rule-making initiatives. He represented the OSC at national and international bodies and organizations and, in particular, on the Joint Forum of Canada’s Financial Regulators, the North American Securities Administrators Association and at the International Organization of Securities Commissions.

From 2009 to his return to the firm, Larry helped establish the Canadian Securities Transition Office, the federal statutory organization charged with leading the transition to a single national securities regulator. As one of its executives, he advised the federal Minister of Finance on, and assisted the Department of Finance with all aspects of that initiative including the proposed capital markets legislation and regulations and the development and operationalization of a national capital markets regulatory authority, including its governance and tribunal.

In 2015, Larry was appointed by the Government of Ontario to serve on a 3 person expert panel to assess and make recommendations on the mandates, governance and effectiveness of Ontario's major financial regulators. In 2016, the Panel made recommendations including to establish a new regulatory agency and framework, which recommendations have been accepted and currently being acted upon by the Government of Ontario. In 2018, Larry was appointed to the Financial Services Regulatory Authority (FSRA) Board of Directors. In 2021, Larry was appointed as a member of a special advisory group to the RCMP’s Integrated Market Enforcement Team.