Information About Canadian Securities Law
Recent Posts
Below is a preview of the five most recent posts from the blog Canadian Securities Law. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- Four Practical Tips for Proxy Disclosure in 2021
Goodbye holiday season… hello proxy season! Here are four practical tips to consider when preparing proxy circulars in 2021. The Canadian Coalition for Good Governance (CCGG) recently published its 2020 Best Practices for Proxy Circular Disclosure, which provides its readers with examples of and g … Read more »
- CSA Oversight MOUs Regarding CIPF and MFDA IPC Come Into Effect
On January 1, an amended Memorandum of Understanding among the Canadian Securities Administrators (CSA) came into effect concerning oversight of the Canadian Investor Protection Fund (CIPF). The amended MOU is intended to “streamline and harmonize” oversight of the CIPF to provide a more consistent … Read more »
- CSA Provide New Guidance on Automatic Securities Disposition Plans
New guidance on automatic securities disposition plans (ASDPs) published by the Canadian Securities Administrators on December 10, 2020 focuses on the reduction of the potential for improper insider trades and enhancing transparency around the establishment and use of ASDPs. CSA Staff Notice 55-317 … Read more »
- IIROC Extends Timeline for COVID-19 Related Exemptive Relief
The Investment Industry Regulatory Organization (IIROC) continues to accept exemption applications and extends existing relief to firms impacted by the COVID-19 pandemic. On January 5, 2021, IIROC published a notice extending staff’s authority to review COVID-19 related exemptive relief applications … Read more »
- Ontario Court Orders Specific Performance of Major M&A Deal
Stikeman Elliott represented the sellers of Fairstone Financial in the first case in which a Canadian court has ordered specific performance of a major M&A deal and the first Canadian case to consider the impact of COVID-19 on an acquisition. The COVID-19 pandemic has led to a notable increase in ac … Read more »