Lawrence E. Ritchie Lawrence E. Ritchie

Oral summaries thwart work product protection: The case of SEC v. Herrera

In Securities and Exchange Commission v. Herrera, 2017 WL 6041750 (S.D. Fla. December 5, 2017), a U.S. Magistrate Judge in the Southern District...

OSC proposes changes to whistleblower program

On January 18, 2018, the Ontario Securities Commission (“OSC”) released for comment a proposed change to OSC Policy 15-601 -...

CSA Staff Notice highlights concerns with Registered Firms’ Complaint System

On December 7, 2017, the Canadian Securities Administrators (CSA) jurisdictions and staff of the Investment Industry Regulatory Organization of...

Developments in white-collar & capital markets regulatory enforcement

Regulators continue to try to “move the needle” in their pursuit of insider trading and other white-collar misconduct.

AMF to take closer look at registrants’ business relationships

The Autorité des marchés financiers (“AMF"), in seeking to bolster its role as a local regulator and better support the industry,...

Financial regulatory landscape is evolving to protect consumers: A post-Wells Fargo world

Following revelations about Wells Fargo’s sales practices, Canadian regulators have launched many reviews, which could lead to big changes in the...

Ontario considering overtime and hours of work rules for “IT professionals”

The Government of Ontario is looking at dropping a wide range of overtime and hours of work exemptions, including the exemption that now ...

OBSI complaint volumes on the rise

On October 30, 2017, Ombudsman for Banking Services and Investments released its first quarterly OBSI e-news publication, highlighting key...

Government seeks input on introducing deferred prosecution agreements regime in Canada

On September 25, 2017, the Government of Canada announced the launch of a public consultation seeking input on potential enhancements to the...

AMF releases paper on managing conflicts of interest related to incentives in insurance

The Autorité des marchés financiers (the “AMF”) recently released an issues paper on managing conflict of interest risk in relation to...