by Barbara Hendrickson | Dec 10, 2018
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...
by Ray Luckiram | Dec 10, 2018
Over the next few weeks, the Alcohol and Gaming Commission of Ontario (“AGCO”) will be updating its online Cannabis Retail Regulation Guide (“Cannabis Guide”). The Cannabis Guide will be continually updated as information becomes available on the application process...
by Barbara Hendrickson | Dec 1, 2018
The British Columbia Securities Commission (BCSC) reports that it has found an increased number of deficiencies in compliance among portfolio managers during 2018. The BCSC published these findings in its 2018 BCSC Annual Compliance Report Card (the Report Card). In...
by Barbara Hendrickson | Nov 26, 2018
On November 14, 2018, the Ontario Government set forth the regime for the licensing and operation of private cannabis stores under Ontario Regulation 468/18 (the Regulation) made under the Cannabis Licence Act, 2018 (the License Act). Generally, the Regulation:...
by Barbara Hendrickson | Nov 21, 2018
Earlier this month, the United States Securities and Exchange Commission (SEC) announced settled charges against the founder of a digital token trading platform, EtherDelta, Zachary Coburn with operating an unregistered national securities exchange. This is the SEC’s...
by Barbara Hendrickson | Nov 13, 2018
The Supreme Court of Canada (“SCC”) on November 9, 2018 released its written decision on the Cooperative Capital Markets Regulatory System (“CCMR”) and the proposals of the federal government and the governments of Ontario, British Columbia, Saskatchewan, New...
by Barbara Hendrickson | Nov 9, 2018
On October 4, 2018, the Canadian Securities Administrators (CSA) published CSA Notice of Amendments, Modernization of Investment Fund Product Regulation – Alternative Mutual Funds (the Amendments). The Amendments establish a comprehensive framework for alternative...
by Barbara Hendrickson | Nov 9, 2018
The Ontario Securities Commission (OSC) today launched two cryptoasset educational initiatives as part of its activities for Financial Literacy Month. The first, GetSmarterAboutCrypto.ca provides investors with an overview of cryptoasset products and services, the...
by Barbara Hendrickson | Nov 1, 2018
On October 25, 2018, the Canadian Securities Administrators (CSA) published CSA Notice and Request for Comment Proposed Amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations – Custody Related Amendments (The...
by Barbara Hendrickson | Oct 22, 2018
On October 18, 2018, the Canadian Securities Administrators (CSA) published CSA Staff Notice 11-338, CSA Market Disruption Coordination Plan (The Staff Notice), detailing the CSA’s plans to deal with a disruption in the Canadian capital markets, including one that...
