Our experienced team provides advice to individuals and corporate entities who find themselves the subject of securities and financial services regulatory actions

BAX Securities law has extensive experience in assisting capital and financial markets participants with regulatory and enforcement issues. Our clients include public and private companies, financial services firms, brokers, investment dealers, securities registrants, accounting firms and their directors, officers, board committees as well as majority shareholders.

BAX Securities Law assists clients with responding to, and resolving, enforcement and compliance proceedings brought by the Ontario Securities Commission (OSC) and other provincial securities commissions, the Canadian Investment Regulatory Organization (CIRO) as well as stock exchanges including the TSX, the TSX Venture Exchange and the CSE.

We represent public companies on internal investigations, compliance audits and enforcement proceeds in respect of insider trading, disclosure requirements, securities fraud, accounting issues, market manipulation and other misconduct.

We also represent individual registrants who are involved in disputes with dealers in the context of moving books of business to a new dealer and termination of registration/ employment.

Our founder Barbara Hendrickson has decades of experience dealing with securities regulators in both Ontario and British Columbia including as senior legal counsel at the Ontario Securities Commission. Barbara has also participated in numerous securities advisory committees in both Ontario and British Columbia. Drawing on her years of experience, Barbara is able to assess your matter and suggest strategies to mitigate or eliminate your enforcement risk.

The financial services industry in Canada is constantly adapting to a complex and ever-changing regulatory landscape. BAX has direct experience dealing with Canadian financial services regulatory bodies including FSRA, FINTRAC and OSFI and can assist with risk -management and compliance strategies.

BAX advises payment processors and participants in the Blockchain, FinTech and crypto asset sectors on federal regulatory requirements including registration as a money service business (MSB) with FINTRAC; FINTRAC’s anti-money laundering regulations and the Bank of Canada’s regulatory framework for payment processors.

BAX also provides, mortgage lenders, administrators and brokers with respect to their mortgage businesses including compliance with enhanced know your client and suitability requirements and navigating the new syndicated mortgages rules.

If you are a mortgage broker, administrator or agent facing an allegation by FSRA of non-compliance with the regulations set out in the Financial Services Regulatory Authority of Ontario Act or the Mortgage Brokerages, Lenders and Administrators Act, BAX can assist.