The Ontario Securities Commission (OSC) has published Artificial Intelligence and Retail Investing: Use Cases and Experimental Research (the Report), which discusses the results of a behavioural science experiment that focused on the role of artificial intelligence (AI) in supporting retail investor decision-making. The experiment consisted…
The Canadian Securities Administrators (CSA) has extended its deadline yet again to December 31, 2024, so that crypto asset trading platforms (CTPs) that have not registered or provided a pre-registration undertaking (PRU) have until that date to allow clients to buy, deposit, or enter into…
Toronto, September 9, 2024: BAX Securities Law is pleased to announce that the firm has resumed its sponsorship of the Toronto Business Lawyers Association (TBLA) networking and business development monthly meetings. Barbara Hendrickson, Managing Partner of BAX Securities Law, is pleased to invite friends and colleagues…
The Canadian Investment Regulatory Organization (CIRO) is publishing for comment proposed amendments to the Investment Dealer and Partially Consolidated Rules (IDPC, the Draft Rule Amendments) reflecting the proposed proficiency model, for a period ending September 17, 2024. The Draft Rule Amendments focus on the proficiency…
BAX Securities Law is pleased to announce that its founder and Securities Partner, Barbara Hendrickson, is included in the 2024 edition of The Best Lawyers in Canada. Best Lawyers, the oldest and most respected legal rankings company, has announced that Barbara Hendrickson will be included…
The Canadian Securities Administrators (CSA) and the Canadian Investment Regulatory Organization (CIRO) are reminding crypto trading platforms (CTPs) to ensure their operations comply with Canadian securities laws by prioritizing their applications for registration as investment dealers and membership with CIRO. Under the terms of Staff…
The British Columbia. Securities Commission (BCSC) is calling for changes to the federal Bankruptcy and Insolvency Act (the Act) after the Supreme Court of Canada ruled that some financial sanctions can be extinguished through the bankruptcy process. The Court, ruled in a 5-2 decision, that…
The Canadian Securities Administrators (CSA) has published a package of proposed amendments (the Proposed Amendments), including a proposal by the Canadian Securities Exchange (CSE) to establish a new senior tier of Venture Issuer (the Venture Issuer Tier) for review and comment for a 90-day period…
The Canadian Securities Administrators (CSA) recently published their 2023-2024 Year in Review (The Year in Review), which discussed the emerging cryptocurrency regulatory regime and enforcement actions the regulator undertook in crypto-related matters. Perhaps as a sign of the times, in 2023-2024, over half of the…
The Canadian Securities Administrators (CSA) has published final amendments (the Amendments) that streamline and harmonize over-the-counter (OTC) derivatives data reporting with global standards, which became effective on July 25, 2025. The Amendments are expected to reduce the complexity of market participants’ reporting systems and decrease…