Lawrence E. Ritchie Lawrence E. Ritchie

Canada’s budget introduces long-awaited beneficial ownership registry to combat money laundering

With increasing spotlight being shone on the prevalence of financial wrongdoing worldwide   – especially following revelations...

A look back at IIROC’s enforcement activities: Early resolution offers, more sanctions, and more hearings

The COVID-19 pandemic brought with it a host of novel issues that have had an impact on markets, companies, investors and consumers. Without a doubt,...

Ontario Capital Markets Modernization Taskforce: Road to implementation?

Ontario’s Capital Markets Modernization Taskforce (the Taskforce) received a show of confidence from the Ontario government through the release...

Three week countdown for Canadian digital asset trading platforms to start getting registered under securities laws

On March 29, 2021, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) jointly...

Podcast: Securities north of the border – Comparing U.S. and Canadian regulations and enforcement

inSecurities is a biweekly podcast produced in the United States by the Practising Law Institute and hosted by Chris Ekimoff, a forensic accountant,...

Market Manipulation: Alberta Securities Commission clamps down on pump and dump scheme

The ASC concluded the control person of Kilimanjaro Capital Ltd. (“Kilimanjaro”), Ashmit Patel, engaged in, among other things, market...

World Bank debars German company for thirteen months

In addition to mitigating regulatory risks that can lead to the imposition of fines and imprisonment arising from conviction under relevant law,...

Ontario Capital Markets Modernization Taskforce Final Report: A set of thoughtful ideas or a blueprint for change?

The Ontario Capital Markets Modernization Taskforce (the “Taskforce”) published its final report on January 22, 2021 (the...

Regulators forced to respond to GameStop Corp.’s historic yo-yo

Wall Street has been in a state of disorder in recent weeks as the share price of brick and mortar retailer GameStop Corp. (“GameStop”)...

FSRA streamlines fair treatment of customers approach for insurance industry

Governments and financial regulators appear to be continuing their efforts to reduce overlapping, duplicative regulatory requirements on those they...