BAX Securities Law is one of the leading boutique law firms in Canada representing individuals and corporations in complex disputes involving investment losses, fraud, and regulatory breaches. We handle cases regarding insider trading, market manipulation, shareholder disputes, and corporate governance.
The Canadian Securities Administrators (CSA) recently announced the publication of final amendments to the principal distributor model (the Final Amendments) in the distribution of mutual fund securities. The Final Amendments clarify that a dealer may…
The Canadian Securities Administrators (CSA) including the Ontario Securities Commission (OSC) has published Coordinated Blanket Order 33-930 Exemptions from Requirements to Submit Certain Personal Information (the Coordinated Blanket Order), which provides temporary exemptions under National…
On May 14, 2019, the Ontario Securities Commission (OSC) and the Securities and Exchange Commission (SEC) concluded separate settlement agreements with Toronto-based NextBlock Global Limited (NextBlock) and its chief promoter, Alex Tapscott over the making of misleading statements. In June of 2017, Tapscott, who served…
In late November, 2018, the U.S. Securities and Exchange Commission (SEC) settled registration charges with two issuers of Initial Coin Offerings (ICOs), CarrierEQ Inc. (Airfox) and Paragon Coin Inc. (Paragon). These were the SEC’s first cases imposing civil penalties solely for ICO securities offering registration…
In January 2017, the Canadian Securities Administrators (the “CSA”) published CSA Multilateral Staff Notice 51-347: Disclosure of Cyber Security Risks and Incidents (the “Staff Notice”), the findings of a review of the disclosure provided by the constituents of the S&P/TSX Composite Index regarding cyber security…