by Barbara Hendrickson | Oct 30, 2017
On October 19, 2017, the Canadian Securities Administrators (“CSA”) published CSA Staff Notice 33-321 Cyber Security and Social Media, which summarizes survey results of registered firms’ cyber security and social media practices, in addition to providing...
by Barbara Hendrickson | Oct 30, 2017
On October 23, 2017, the Ontario Securities Commission (“OSC”) has granted approval to the province’s first regulated Initial Coin Offering (“ICO”) in a decision (“decision”). The OSC granted regulatory relief to Toronto-based TokenFunder Inc. (“TokenFunder”). This...
by Barbara Hendrickson | Oct 25, 2017
On October 19, 2017, the Canadian Securities Administrators (“CSA”) published CSA Staff Notice 33-321 Cyber Security and Social Media, (“Notice”) which summarizes survey results of registered firms’ cyber security and social media practices, in addition to...
by Barbara Hendrickson | Oct 9, 2017
On September 21, 2017, the British Columbia Securities Commission (“BCSC”) published the amended BC Instrument 45-535 Start-up Crowdfunding Registration and Prospectus Exemptions, (the “BC Instrument 45-515”), which details improvements to crowdfunding rules that will...
by Barbara Hendrickson | Oct 1, 2017
On September 21, 2017, the British Columbia Securities Commission (“BCSC”) published the amended BC Instrument 45-535 Start-up Crowdfunding Registration and Prospectus Exemptions, (the “BC Instrument 45-515”), which details improvements to crowdfunding rules that will...
by Barbara Hendrickson | Oct 1, 2017
On September 28, 2017, the Canadian Securities Administrators (“CSA”) announced the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options (“MI 91-102” or the “Instrument”) and the Companion Policy 91-102 Prohibition of Binary Options (“CP...
by Janny Cho | Sep 27, 2017
On March 7, 2017, Bill 101, Enhancing Shareholders Rights Act, 2017, was introduced in the Legislative Assembly of Ontario for amending the Business Corporations Act (Ontario) (“OBCA”). Bill 101 received second reading on March 9, 2017. Bill 101 propositions include:...
by Barbara Hendrickson | Sep 27, 2017
On April 4, 2017, the Canadian Securities Administrators (CSA) published for comment Proposed National Instrument 93-101 Derivatives: Business Conduct (“Proposed Instrument”) and a related proposed companion policy, 93-101 Derivatives: Business Conduct (“Proposed...
by Barbara Hendrickson | Sep 27, 2017
Introduction Mortgage investment corporations (“MICs”) are created under section 130.1 of the Income Tax Act which sets out the rules that apply to mortgage investment corporations and their shareholders. MICs primarily invest in mortgages including commercial,...
by Barbara Hendrickson | Sep 20, 2017
On September 6th, 2017 the British Columbia Securities Commission (“BCSC”) announced the first registration of an investment fund manager in Canada solely dedicated to cryptocurrency investments. The BCSC has granted First Block Capital Inc. registration as an...
