Lori Stein

Lori Stein

Partner, Corporate

Key Contact: Blockchain

Contact Information


tel: 416.862.4253



Bar Admission

Ontario, 2002


  • University of Toronto, J.D.
  • McGill University, B.A.



Lori is a Partner in the Corporate Department, Investment Funds and Asset Management Group, where she advises portfolio managers, dealers, investment fund managers and institutional investors on Canadian securities regulatory matters. Lori assists clients to obtain regulatory approval for innovative business models though applications for registration and exemptive relief and also advises on day-to-day compliance issues, regulatory audits and investigations.

Lori provides counsel to blockchain-based enterprises and other fintech businesses on the applicability of Canadian securities and derivatives laws and anti-money laundering/anti-terrorist financing regulation to their product and service offerings.

Lori's practice covers the development of launch of new investment products, negotiation of investment management agreements and other business critical matters. In addition to servicing Canadian registered firms, Lori works with global dealers and advisers in respect of their Canadian initiatives.

    • The Board of Trustees of the WSIB Pension Plan Fund in the conversion of WSIB’s defined benefit, single employer pension plan to a jointly sponsored pension plan
    • 3iQ and the Bitcoin Fund in its approval to offer the word’s first publicly traded Bitcoin investment fund
    • Wealthsimple for Advisors in its acquisition by Purpose Advisor Solutions
    • WealthBar with respect to CI Financials’ acquisition of a majority stake in WealthBar
    • PE-Gate Inc. in its application for registration as an exempt market dealer in Ontario for the purpose of offering private equity investment opportunities through an electronic communications and recordkeeping portal
    • Mandeville Private Client Inc. in the launch of WealthPort, an online advice platform offered jointly with Smart Money Capital Management Inc.
    • Picton Mahoney Asset Management in connection with the launch of the Picton Mahoney Fortified Alternative Funds, one of the first suites of alternative mutual funds offered in Canada
    • Purpose Investments in connection with the launch of innovative private funds, investments in novel business structures and applications for registration and exemptive relief
    • 3iQ Corp. in connection with Canada’s first multiple digital currency investment fund
    • Ontario Pension Board in the outsourcing of its investment management operations to a $60 billion new investment management entity, the Investment Management Corporation of Ontario (IMCO)



    • Develop, implement and enforce regulatory compliance programs for Canadian registrants and exempt international firms
    • Advise market participants in connection with registration applications and interviews, regulatory audits and applications for exemptive relief from securities regulatory requirements
    • Oversee the formation and launch of domestic and offshore public and private investment funds and other products
    • Negotiate investment management agreements on behalf of asset managers and institutional investors
    • Supervise marketing, due diligence and investor relations initiatives

  • Law Society of Ontario

Previous Speaking Engagements

  • Law Society of Upper Canada
    Speaker, Update on Securities Regulatory Initiatives, 2016-2018
  • Portfolio Managers Association of Canada (PMAC)
    Speaker, Regulatory & Compliance Forum, September 2018
    Speaker, Chief Compliance Officers Network, September 2015-2017
  • RBC Investor & Treasury Services Investor Forum
    Speaker, Fireside Chat on Securities Regulation, May 2018
  • An In-Depth Look at Plan Investments: Recent and Upcoming Changes to Legislation and Policy
    Speaker, June 16 & 25, 2015



  • Canadian Securities Course (Canadian Securities Institute)
  • Partners, Directors and Officers Exam (Canadian Securities Institute)



  • Ontario Government’s Crawford Panel on a Single Canadian Securities Regulator (Associate)