The Ontario Securities Commission (OSC) published a news release on March 8th, 2017 advising businesses that use distributed ledger technologies (“DLT”), such as blockchain, as part of their financial products or service offerings that they may be subject to Ontario securities law requirements. http://www.osc.gov.on.ca/en/NewsEvents_nr_20170308_osc-highlights. The press…
On March 9th, 2017, the Canadian Securities Administrators (“CSA”) published CSA Staff Notice 51-348 Staff’s Review of Social Media Used by Reporting Issuers (“Staff Notice”). The Staff Notice summarizes the finding of the Alberta, Ontario and Québec securities commissions after a review of the social…
On January 26th, 2017, the Canadian Securities Administrators (CSA) published in final form CSA Staff Notice 54-305, Meeting Vote Reconciliation Protocols (Protocols). Meeting vote reconciliation consists of the processes used to tabulate proxy votes for shares held through intermediaries. The Protocols contain: • CSA staff…
Over the last 40 years the University of Calgary Law School has distinguished itself on the Canadian legal landscape as as a leader in innovative approaches to legal education and expertise on law and policy relating to Canada’s natural resources. Barbara Hendrickson is very proud…
This being the highest peer rating standard. This rating signifies that the lawyer’s reviewed peers rank him or her at the highest level of professional excellence for their legal knowledge, communication skills and ethical standards. Martindale-Hubbell® Peer Review Ratings™ are the gold standard in lawyers ratings,…
Canadian securities law has recently embraced the concept of crowdfunding. Canadian securities rules now allow companies or “issuers” to raise small amounts of capital through online portals with a minimum of disclosure. Investors do not have to be “accredited investors” to take participate in these capital…
“It’s a bit of a myth that you can’t practice securities law at a smaller firm.” Read full article here…
Barbara was a guest speaker at a meeting of the Securities Committee of the Manitoba Bar Association on Fintech developments in Canada, with an emphasis on peer to peer lending as a case study. Barbara Hendrickson has extensive experience providing corporate finance, securities and financial…
BackgroundOn October 24, 2016, the Ontario Securities Commission (“OSC”) announced its new innovation hub “Launchpad” for market participants in the fintech area to “help companies navigate” and possibly “tailor” the securities regulatory framework. The OSC Launchpad, which is said to be a first for Canadian…
The Ontario Securities Commission (“OSC”) has announced the introduction of Launchpad which is a hub to work directly with fintech companies to help them navigate the securities regulatory framework. http://www.osc.gov.on.ca/en/what-you-need-to-know.htmThe OSC has identified a broad range of activities that may give rise securities regulatory compliance…