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 payments to the OSC. According to…
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 businesses and broaden investment opportunities for Alberta and…
On November 18, 2020 the Canadian Securities Administrators (CSA) published its biennial report (CSA Multilateral Staff Notice 51-361 Continuous Disclosure Review Program Activities for the fiscal years ended March 31, 2020 and March 31, 2019) on its continuous disclosure review program including guidance on reporting…
BAX Securities Law is pleased to announce that Barbara Hendrickson has been appointed to BCSC Fintech Advisory Forum for a two year term. The Forum is made up of financial technology (fintech) industry professionals and experts. The Forum advises BCSC staff on fintech trends and…
On October 29, 2020 the Ontario Securities Commission (OSC), Alberta Securities Commission (ASC) and Autorité des marchés financiers (AMF) announced that they are inviting businesses in their respective markets to apply to test innovative products, services and business models across international borders. The initiative allows eligible…
The Canadian Securities Administrators (CSA) on October 29, 2020 published its biennial report on its continuous disclosure review program (Report). The CSA’s continuous disclosure review program assesses the compliance of issuers’ continuous disclosure documents with securities law and aims to help improve the completeness, quality…
On October 29, 2020, the Ontario Securities Commission (OSC) announced that it has created a new branch – the Office of Economic Growth & Innovation (Innovation Office), which is “focused on supporting economic growth and innovation in Ontario’s capital markets.” and a Charter “to build a…
Barbara Hendrickson, the managing partner and founder of BAX Securities Law, has been placed on the ReferToHer list as an expert in the Securities & Capital Markets area. ReferToHer was launched in June 2019, as a directory of experienced women lawyers in Canada. (see: https://refertoher.com)…
BAX Securities Law (BAX) is pleased to announce that for the third time it has been ranked as one of the Top 10 Corporate Boutique law firms in Canada by Canadian Lawyer. It also received this prestigious ranking for 2016-2017 and 2018-2019. Canadian Lawyer selected Canada’s top…
On October 13, 2020, Financial Services Regulatory Authority (FSRA) published its proposed 2021-22 Statement of Priorities and Budget for public consultation. FSRA is inviting the general public and all stakeholders to review and provide feedback on the proposed 2021-22 Statement of Priorities and Budget. The draft…