The Ontario Securities Commission (OSC) has published a report aimed at guiding public accounting firms to develop and implement robust internal ethical policies and procedures (OSC Staff Notice 52-724, Considerations for Public Accounting Firms in Developing Internal Ethics Policies and Procedures, the Staff Notice). The…
Participating members of the Canadian Securities Administrators (CSA) are issuing exemptions from certain filing requirements (the blanket orders) due to delays in the implementation of SEDAR+. The CSA now expects the launch date to be July 25, 2023, with a contingency date in September. In…
The Canadian Securities Administrators (CSA) have postponed the launch of SEDAR+ from June 13, 2023 to July 25, 2023. SEDAR+ is the new system that will be used by all market participants to file, disclose, and search for issuer information in Canada’s capital markets. CSA…
The Canadian Securities Administrators (CSA) have published CSA Staff Notice 45-330: Frequently Asked Questions about the Listed Issuer Financing Exemption (The Staff Notice). The Staff Notice answers some of the frequently asked questions (FAQs) on the listed issuer financing exemption (the exemption) adopted by all securities…
The Canadian Securities Administrators (CSA) is launching a review of the use of chargebacks in the mutual fund industry. The CSA is undertaking this review due to concerns about potential conflicts of interest associated with this practice. A chargeback involves an upfront commission paid directly…
In accordance with the Process for the Review and Approval of Rules and the Information Contained in Form 21-101F1 and the Exhibits Thereto, CNSX Markets Inc. (CSE) has proposed, and the Ontario Securities Commission (the OSC) has approved significant changes (the Amendments) to the CSE…
The Canadian Securities Administrators (CSA) has published CSA Staff Notice 25-310 2022 Annual Activities Report on the Oversight of Self-Regulatory Organizations (SROs) and Investor Protection Funds (IPFs) (The Annual Report). The Annual Report summarizes key information, activities, and observations related to CSA oversight of the…
The Canadian Securities Administrators (CSA) recently announced in of CSA Staff Notice 21-332 (the Staff Notice) a change in the Pre-Registration Undertaking (PRU) that certain unregistered crypto asset trading platforms have filed a with their principal regulator. The failure of several recent high-profile crypto platforms,…
The Canadian Securities Administrators (CSA) are publishing for a 90-day comment period ending July 12, 2023 its amendments (the Proposed Amendments) to Corporate Governance Disclosure. In particular: proposed amendments to Form 58-101F1 Corporate Governance Disclosure (Form 58-101F1) of National Instrument 58-101 Disclosure of Corporate Governance…
The New Self-Regulatory Organization of Canada (New SRO), is seeking to become a credential providing organization for financial advisors under FSRA’s Financial Professionals Title Protection Framework. The New SRO, launched in January 2023, is the result of the merger of the Investment Industry Regulatory Organization…