by Barbara Hendrickson | Dec 14, 2020
On December 10, 2020, the Canadian Securities Administrators (CSA) and the Ontario Securities Commission (OSC) announced that it was publishing guidance for issuers and insiders on the establishment, use and disclosure of automatic securities disposition plans...
by Barbara Hendrickson | Dec 14, 2020
On December 7, 2020 the Ontario Securities Commission (OSC) announced that they are making amendments to OSC Rule 45- 501 Ontario Prospectus and Registration Exemptions (OSC Rule 45-501) relating to syndicated mortgages (the Amendments). The Amendments...
by Barbara Hendrickson | Dec 14, 2020
On December 1, 2020, the TSX Venture Exchange (the “TSXV”) announced changes to its Capital Pool Company (“CPC”) program found in Policy 2.4 Capital Pool Companies which according to the press release accounted for almost 50% of new TSXV listings over the past 10...
by Barbara Hendrickson | Dec 14, 2020
On November 16, 2020 the Bank of Canada (Bank) and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system related to a...
by Barbara Hendrickson | Dec 14, 2020
On December 3, 2020 the Canadian Securities Administrators (CSA) published a consultation paper ( Consultation Paper) is to facilitate discussion of concerns relating to activist short selling and its potential impact on Canadian capital markets. The...
by Barbara Hendrickson | Nov 30, 2020
BAX Securities Law is pleased to announce that Barbara Hendrickson, its founder and managing partner has been invited to join to the Women’s Law Association of Ontario’s Advisory Council. The Council is made up to past presidents, past board members and long serving...
by Barbara Hendrickson | Nov 30, 2020
On 19 November 2020, the Minister of Environment and Climate Change (Minister) introduced Bill C-12 An Act respecting transparency and accountability in Canada’s efforts to achieve net-zero greenhouse gas emissions by the year 2050 (Canadian Net-Zero Emissions...
by Barbara Hendrickson | Nov 30, 2020
On November 26, 2020, the Canadian Securities Administrators (CSA) published a staff notice on recent developments regarding interest rate benchmarks (Notice). According to the Notice, Refinitiv Benchmark Services (UK) Limited (RBSL), the administrator of...
by Barbara Hendrickson | Nov 24, 2020
The Ontario Securities Commission (OSC) announced on November 17, 2020 that it has awarded a total of CAD $585,000 to three whistleblowers, each of whom provided timely, specific and credible information that helped advance enforcement action resulting in monetary...
by Barbara Hendrickson | Nov 24, 2020
On November 20, 2020, of the Alberta Securities Commission (ASC) and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) announced a proposed new prospectus exemption designed to provide greater access to capital for Alberta and Saskatchewan...
