Information About Canadian Securities Regulatory Monitor
Recent Posts
Below is a preview of the five most recent posts from the blog Canadian Securities Regulatory Monitor. To read these posts in their entirely or subscribe to future updates from this blog, please visit their website!
- CANADIAN SECURITIES ADMINISTRATORS PROPOSE CHANGES TO “PRIMARY BUSINESS” FINANCIAL DISCLOSURE REQUIREMENTS
On August 12, 2021, the Canadian Securities Administrators (the “CSA”) published a notice and request for comment on their proposed changes to Companion Policy 41-101CP to National Instrument 41-101 General Prospectus Requirements (“Companion Policy 41-101CP”). The goal of the proposed changes is tw … Read more »
- Defrauded Canadian Investors Win Big in Vegas: Cross-Border Cooperation Leads to Disgorgement of Stolen Investments in the United States
A recent decision from the Nevada Supreme Court in Michael Patrick Lathigee v. British Columbia Securities Commission, 136 Nev Adv Op 79 (Nev Sup Ct 2020), recognized a disgorgement order issued by the British Columbia Securities Commission (“BCSC”) as being enforceable in Nevada. According to the B … Read more »
- CSA proposes to create a new self-regulatory organization to replace IIROC and MFDA
The Canadian Securities Administrators (CSA) are proposing to create a single new self-regulatory organization (New SRO) which will consolidate the current functions of the Investment Industry Regulatory Organization of Canada (IIROC) and the Mutual Fund Dealers Association of Canada (MFDA). The New … Read more »
- CSA’s 2020 Enforcement Report: COVID-19 continues to dampen activity levels
The Canadian Securities Administrators (the “CSA”) recently released its annual report on the enforcement activities of its members (the “Report”). The CSA is the umbrella organization for the country’s ten provincial and three territorial securities regulators. The 2020 statistics show that the act … Read more »
- CSA Adopts National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure