by Barbara Hendrickson | May 14, 2019
The Canadian Securities Administrators (CSA) have taken the first steps to replace the current range of electronic records filing systems used In Canada’s capital markets. The CSA is proposing to replace the System for Electronic Document Analysis and Retrieval...
by Barbara Hendrickson | May 14, 2019
On April 18, 2019, the Canadian Securities Administrators (CSA), along with seven participating jurisdictions, released its oversight review (the Review) of the Industry Regulatory Organization of Canada (IIROC). The risk-based review of IIROC’s functional areas and...
by Barbara Hendrickson | Apr 30, 2019
On April 25, 2019, the Investment Industry Regulatory Organization of Canada (IIROC) published Rule Notice and Request for Comment 19-0076, (the rule notice and request for comment) for a period ending July 24, 2019, regarding two proposed alternative forms of...
by Barbara Hendrickson | Apr 17, 2019
On April 12 2019, the Toronto Stock Exchange (TSX) published its latest guidance on the TSX Sandbox, TSX Staff Notice 2019-0002 (the Staff Notice). The Toronto Stock Exchange created the TSX Sandbox to facilitate listing applications that ordinarily would not satisfy...
by Barbara Hendrickson | Apr 15, 2019
The most recent guidance published by the Securities and Exchange Commission (SEC) goes even further to reinforce the importance of the concept of the “investment contract” and the Howey Test when determining if a digital asset is a security. The SEC relies heavily...
