OSC Releases Whistleblower Policy for Comment
On October 28, 2015, the Ontario Securities Commission (“OSC”) published proposed OSC Policy 15-601 Whistleblower Program (the Policy), which describes a whistleblower program that is ... Continued
New Guidance on Oil & Gas Abandonment Cost Disclosure
On November 5, 2015, the Canadian Securities Administrators (CSA) published guidance for disclosure requirements for abandonment and reclamation costs respecting amendments in National Instrument 51-101 ... Continued
Canadian National Securities Project Takes Step Forward
In Canada, unlike the United States and most western economies that have a robust stock market, securities law is regulated solely by the provinces and ... Continued
OSC Releases Whistleblower Policy for Comment
On October 28, 2015, the Ontario Securities Commission (“OSC”) published proposed OSC Policy 15-601 Whistleblower Program (the Policy), which describes a whistleblower program that is ... Continued
OSC Considers Omission of Gender Diversity Disclosure Serious Infraction
The OSC has taken fairly severe action against TSX listed companies that have failed to provide gender diversity information as required by amendments to National ... Continued
SEC Charges 32 Defendants in Connection with Hacked Information
The United States Securities and Exchange Commission (“SEC”) recently brought fraud charges against 32 defendants for taking part in a scheme to profit from stolen ... Continued
TSX Updates Exemptions for Interlisted Issuers
Effective September 10, 2015, the TSX updated its rules regarding exemptions available for eligible interlisted issuers. “Eligible International Interlisted Issuers” may be able to obtain ... Continued
Canadian National Securities Project Takes Step Forward
In Canada, unlike the United States and most western economies that have a robust stock market, securities law is regulated solely by the provinces and ... Continued
Rule 144 – General Information for Non-Affiliates
We are often asked to outline the requirements for a Rule 144 resale and thought to provide some general guidance on the topic in this ... Continued
SEC Adopts Pay Ratio Disclosure Rule
On August 5, 2015, the Securities and Exchange Commission (the “SEC”) adopted a final rule requiring public companies to disclose the ratio of the annual ... Continued
CSA Wants More Information on Exempt Distribution Reports
The CSA proposed a new form 45-106F1.
CSA Proposes Harmonized Exempt Distribution Reports
On August 13, 2015, the Canadian Securities Administrators published for comment proposed amendments to National Instrument 45-106 Prospectus Exemptions that would harmonize the exempt distribution ... Continued