Lawrence E. Ritchie Lawrence E. Ritchie

Ontario establishes a Serious Fraud Office

At the end of August the Government of Ontario launched a new organization tasked with investigating and prosecuting complex white-collar crime. The...

OSC Burden Reduction Initiative – Focusing on ‘Principles’ for more responsive and effective regulation

The Ontario Securities Commission’s Burden Reduction Initiative emphasizes the centrality of a risk and principle-based focus to effective...

OSC Burden Reduction Initiative – Revisiting the 2003 Regulatory Burden Task Force

As the OSC continues to embark on its Burden Reduction Initiative, we think it is a worthwhile exercise to look back at the Commission’s 2003...

Walmart pays $282 million for FCPA resolution

On June 20, 2019, Walmart entered into a US$282.7 million global settlement with the U.S. Securities and Exchange Commission and Department of...

CSA releases annual enforcement report – focus on collaboration and enforcement in digital world

The Canadian Securities Administrators (CSA) released its annual enforcement report yesterday – aptly titled “Evolving Securities...

OSC Burden Reduction Initiative – Rules-based versus principle-based regulation

As the Ontario Securities Commission (“OSC”) considers how best to implement its burden reduction initiative, there has been significant...

OSC Burden Reduction Initiative – OSC roundtables

In January 2019, the Ontario Securities Commission (“OSC”) announced the formation of a Burden Reduction Task Force aimed at minimizing...

OSC’s Investor Advisory Panel releases 2018 Annual Report

The challenge of understanding the unique perspectives of consumer level investors led the Ontario Securities Commission (OSC) to establish the...

MFDA boosts enforcement activity in 2018

Canada’s ‘other’ national self-regulatory agency is demonstrating its intention to police the mutual fund distributors it...

IIROC moving forward with new enforcement tools

The Investment Industry Regulatory Organization of Canada, Canada’s national investment dealer self-regulatory organization, has announced it...