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OSC Announces Initiatives To Enhance Access To Capital For Early-Stage Businesses In Ontario

The Ontario Securities Commission (OSC) has published Notice of General Orders – Ontario Instrument 32-508 Not-For-Profit Angel Investor Group Registration Exemption (Interim Class Order); Ontario Instrument 32-509 Early-Stage Business Registration Exemption (Interim Class Order); Ontario Instrument 45-509 Report of Distributions under the Self Certified Investor…

Federal Budget 2024 Takes Aim Against Financial Crimes

The Federal Government’s 2024 Budget (Budget 2024) contains measures against financial crime. Budget 2024 acknowledges that financial crime can range from terrorist financing, corruption, money laundering, fraud, tax evasion, and sanctions evasion. “These crimes have real-world implications, often enabling other criminal behaviour,” says the budget…

OSC Publishes Final Fee Changes For Restricted Dealers

The Ontario Securities Commission (OSC) has announced the publication of the final amendments to its fee rules for restricted dealers, for firms permitted to carry on business under terms and conditions imposed by the OSC, Amendments to OSC Rule 13-502 Fees, OSC Rule 13-503 (Commodity…

BAX Securities Law Announces May Toronto Business Lawyers Association Monthly Meeting

Toronto, April 19, 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…

Canadian Securities Administrators Confirm and Update New Stablecoin Approach

The Canadian Securities Administrators (CSA) have confirmed that it is focused on implementing the interim approach to VCRAs (commonly referred to as stablecoins) even as the regulator has announced the extension of the deadline to October 31st, 2024, for its implementation. The initial deadline of…

BAX Securities Law Announces April Toronto Business Lawyers Association Monthly Meeting

Toronto, April 2, 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…

CSA Investor Alert: Emergence of Claims Management Companies

[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″][et_pb_text admin_label=”Text”] A recent Canadian Securities Administrators (CSA) Investor Alert (Alert) points to the emergence of firms, known as claims management companies (CMCs) that offer paid services to investors to interreact with the Ontario Securities Commission and other member of…