The United States Securities and Exchange Commission’s (SEC) Division of Corporation Finance has ruled that Meme coins are not securities. In its recently published Staff Statement on Meme Coins (the Staff Statement), the regulator noted persons who participate in the offer and sale of meme…
The Canadian Securities Administrators (CSA) have announced the final amendments (Amendments) to National Instrument 41-101 General Prospectus Requirements (NI 41-101) and National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101). The Amendments extend the lapse date for investment funds in continuous distribution from 12 months…
Toronto, March 4, 2025: BAX Securities Law is pleased to invite friends and colleagues to the next meeting on Thursday March 20, 2025, at 8:30 am at Chefs Hall, 111 Richmond St. W in downtown Toronto (Lost Coffee area). The Toronto Business Lawyers Association was…
The Ontario Securities Commission (OSC) has approved CIRO’s proposed integrated fee model (Fee Model) and related amendments to the Mutual Fund Dealer Rules (Amendments). The Fee Model includes changes to the: Annual Dealer Member fee; Membership application fees and fees for Dealer Member business changes;…
The Canadian Securities Administrators (CSA) are proposing to repeal and replace the current National Instrument 43-101 Standards of Disclosure for Mineral Projects (the Instrument) and Form 43-101F1 Technical Report (the Form) with a streamlined instrument and Form (The Modernized Disclosure Requirements). The regulator is also…
BAX Securities Law is consistently recognized as one of Canada’s leading boutique capital markets firms and has earned a Best Law Firm designation from Best Lawyers, one of the world’s leading legal publications. Our clients include domestic and international corporations, entrepreneurial and growth-oriented businesses and…
A recent Executive Order issued by U.S. President Donald Trump signals a dramatic shift to pro-cryptocurrency policies. The Executive Order, Strengthening American Leadership in Digital Financial Technology Strengthening American Leadership in Digital Financial Technology (The Executive Order), takes a multi-pronged approach, including but not limited…
Toronto, January 27, 2025: 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…
The Canadian Securities Administrators (CSA) has published a Notice and Request for Comment on proposed amendments to National Instrument 23-101 Trading Rules (Proposed Amendments) and proposed changes to Companion Policy 23-101 Trading Rules (Proposed CP Changes) related to the recent rule changes announced by the…
The U.S. Securities and Exchange Commission (SEC) published a press release on January 21, 2025 (“Press Release”) stating that it has launched a task force dedicated to developing a regulatory framework for crypto assets (“Task Force”). SEC Commissioner Hester Peirce will lead the task force….